Automation of management jobs on horizon
Automation of management roles as artificial intelligence tackles repetitive activities and normal supervision tasks will soon redefine white-collar jobs in luxury and other sectors.
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Gen Z women most brand loyal: report
Ninety percent of Gen Z and millennial consumers buy apparel and accessories from the same fashion and accessories brands, suggesting that, contrary to popular belief, they are actually brand loyal.
China’s outbound tourism potential after the coronavirus issue is tackled
Bear in mind that just 7 percent of Chinese citizens have passports, compared to 40 percent of Americans.
Marketers’ access to data is being seriously impeded
Marketers might hate abiding by new data restrictions, but doing nothing is not an option – as they will soon find out.
When authentic watches turn into counterfeits: The Rolex case
Authentic goods that are altered can, depending on how extensively they are altered, turn into what the law considers counterfeits. That is what Rolex is claiming.
Wealthy spend more in areas with greater income inequality
A new study has found that relatively wealthier households spend more on high-status cars, especially in counties with more income inequality.
China’s affluent consumers redefining the meaning of luxury
Luxury brands that want to appeal to affluent Chinese consumers over the next decade will need to be tech savvy, deliver Chinese-focused messaging and understand the evolving tastes of sophisticated Chinese consumers.
It is time for the retail industry to challenge the tech titans
Four technology companies – Apple, Amazon, Alphabet (Google) and Facebook – have a collective market capitalization of more than $3 trillion. That is 15 percent of U.S. GDP.
Sephora, Four Seasons, Dior and Chanel lead in luxury CX: Brandwatch
Sephora, Four Seasons Hotels and Resorts, Dior and Chanel were the four luxury marketers that made the cut as the top brands for customer experience, according to a new report from Brandwatch Consumer Research.
Off-White, Gucci and Balenciaga are Lyst’s hottest brands of Q4 2019
Off-White, Gucci, and Balenciaga were the hottest brands of fourth-quarter 2019, per the final Lyst Index of the decade that hints at a shift towards a more sustainable and less streetwear-focused future of fashion.