Luxury resorts top travel destination for private jet owners
The interests of private plane owners may surprise those in the travel industry, as they extend beyond the expected affluent desires.
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Duty-free is the sixth continent for luxury retail, says McKinsey partner
SEOUL, South Korea – Traveling Asian consumers and their penchant for duty-free shopping are shaping the future of luxury more so than any other trend, said a lead partner at McKinsey & Company during the Condé Nast International Luxury Conference April 20.
Price alignment is not a strategy but an obligation, says HSBC analyst
SEOUL, South Korea – Luxury brands can no longer get away with disparate pricing around the world, according to an analyst from HSBC speaking at the Condé Nast International Luxury Conference.
Targeting customers in abstract terms versus concrete
Consumer psychologists talk about distance in psychological terms, meaning that a customer using concrete thinking to consider an object has a different shopping experience than one who uses abstract thinking.
How mobile can swing the vote in the primaries and on Election Day
If you think about the way mobile is currently used in retail, you can see how much it makes sense for political advertising.
Johnnie Walker educates on environment impact of Internet use
Scotch whisky maker Johnnie Walker is making consumers pause and think about their digital carbon footprint with the launch of a branded Google Chrome plug-in.
4 ways technology can revitalize luxury shopping
With in-store experiences remaining key to luxury brand success, how can technology improve the bottom line in this traditionally high-touch business?
81pc of Chinese travelers plan to shop while abroad in 2016
Tax-free shopping by Chinese consumers dropped 24 percent year-on-year in March, according to a new report from Global Blue.
Jaguar Land Rover stays true to red, white and blue with hiring initiative
British automaker Jaguar Land Rover is reaffirming its commitment to helping veterans with a new hiring program.
Merchants’ digital wallets leading the migration to mobile payments: report
Merchants are having a bigger impact on shoppers’ payments behaviors and encouraging the transition to mobile compared to universal wallets such as Apple Pay, according to a new report from Mercator Advisory Group.