COVID-19 to have “limited impact on China’s overall economic growth”: Chinese academic
Reaffirms faith in Bain forecast that overall luxury market in China will continue to sustain a compound annual growth of 9 percent to 10 percent through 2030.
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Finding unexpected value in unprecedented times
Fear is serving as a crippling agent to some, while others choose to see possibilities.
Luxury items are becoming a luxury in COVID-19 shutdown
Consumers are focused on buying essentials right now and most purchases are being made online as people around the globe respect lockdown orders amid the coronavirus pandemic.
Preparing to reignite your luxury business post-pandemic
Tough times bring out the best in most human beings and institutions. For luxury marketers preparing to reignite their businesses post-pandemic, it is key to stay adaptable, agile and sustainable during the next several weeks and months
CARES Act: What it means for US consumers in simple terms
As we are all dealing with the effects of COVID-19 on our lives, I want to share the main highlights of the Coronavirus Aid, Relief and Economic Security (CARES) Act and how to protect yourself and your family.
Luxury executives expect shutdowns to go on for months
Half of luxury leaders expect the COVID-19 crisis to go on for a few months before things go back to normal, and another 41 percent think that it will take several months to a year, calling for a tepid outlook in the business.
Marketing during the economic downturn
In the months to come, we will turn the corner on this, most businesses will revive, and the stock market will come back.
Sophie Theallet suit: Legal enforcement in the age of social media marketing
A recent lawsuit, filed in Texas and then transferred to New York, pits luxury fashion designer Sophie Theallet against Swedish discount retailer H&M.
20 tips for luxury brands to remain relevant during the COVID-19 lockdown
What can a brand do to remain relevant during these testing times? How does it maintain mind share to be able to bounce back once this is all behind us?
UK consumers changing shopping behavior as COVID-19 measures tighten
Twenty-four percent of shoppers have changed how they shop since the United Kingdom government began enacting coronavirus-related stay-at-home measures in the last two weeks, with most moving their purchases online in the new situation.