8 fashion designers make final round of LVMH Prize as jury beefs up with house stars
The company also welcomed to additional judges Virgil Abloh and former Prize finalist, Robyn Rihanna Fenty and Stella McCartney to the jury of the LVMH Prize.
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Cyclicality, coronavirus and luxury consumers
Does the luxury business follow a business cycle, or is it immune to the twists and turns of the global economy?
Luxury marketers: Keep calm and carry on
Luxury is particularly exposed this time, unlike the previous recession. Now, everything is jammed up in exactly the spots where luxury is most vulnerable.
UKFT, in coronavirus guidance, recommends “business as usual” attitude for trade shows
The U.K. Fashion & Textile Association has recommended members continue conducting business in a normal vein, especially with trade shows and other activities they would have supported this year and beyond.
Sotheby’s Wine generated record $118M at auction last year
Wine and spirits auction sales exceeded $118 million at Sotheby’s Wines, up 20 percent over 2018 and a record high, revealing a healthy appetite among affluent collectors.
What we learned from Luxury Society Keynote Geneva 2020
Luxury Society Keynote in Geneva a few days ago brought together more than 100 luxury brand executives, with guest speakers from Facebook, Moncler, BMW and Piaget to take an in-depth look at how luxury and premium brands can build impactful customer experiences in an increasingly dynamic and digital age.
Worldwide female income to reach $24 trillion this year, impacting product design and marketing
The female economy is set to outpace the economy of some of the biggest nations in the next five years.
Coronavirus management: Are retailers taking the correct steps?
With financial markets still in flux and the fourth quarter producing only moderate success at best for many retailers, the retail industry is trying to come to terms with the ways to both provide consumers with a safe shopping experience and achieve their key performance indicators.
Millennials most affected by coronavirus: Study
What impact is the coronavirus having on consumer purchase decisions and behavior?
Millennial and Gen Z consumers value transparency, tech for financial management
New research shows that 52 percent of millennial and Gen Z consumers view themselves as financially savvy, and 38 percent think they are more financially responsible than is acknowledged.