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Brazilian economic pessimism requires changed strategies: BCG

December 17, 2014

As its economy is plateauing, Brazil has decreased its spending on luxury goods, trading for necessities, according to new research from Boston Consulting Group.

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Luxury vehicle sales see 7.3pc increase from year-ago

December 17, 2014

Luxury automobile leases are about 50 percent of all luxury transactions and in some areas the lease market consumes much more of luxury spending, according to a new report from Cars.com.

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Lyst consumers spent 68M minutes on platform in 2014

December 16, 2014

Fashion ecommerce platform Lyst has crunched the data from sales on its site to produce the year’s highlights and product winners for 2014.

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Gucci, Ralph Lauren are 2014 digital geniuses: L2

December 16, 2014

While less than 5 percent of luxury fashion sales stem directly from ecommerce, half of total sales are influenced by a consumer’s digital interaction, according to a new report from L2.

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Jaguar Land Rover continues windshield technology advancements

December 16, 2014

British automaker Jaguar Land Rover is working to eliminate drivers’ blind spots through the introduction of its 360 Virtual Urban Windscreen technology.

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Use mobile to make customers feel cared for: report

December 16, 2014

Brands should expand their mobile strategy to ensure that customers feel cared for amid a blurring of the lines between customer service, information technology and marketing to avoid damage to bottom lines, according to a new study by Millward Brown.

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Brands need to adapt to remain competitive: report

December 15, 2014

Affluent consumers have recovered from the recession, but their willingness to spend is reserved, according to a new report from Unity Marketing.

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Chinese consumers plan to spend the same or more next year: report

December 12, 2014

Ninety percent of mainland Chinese consumers plan to maintain or grow their spending in 2015, according to a report by Ruder Finn and Ipsos.

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Luxury is the seventh largest European economy

December 11, 2014

The value of goods and services in the luxury sector grew about 28 percent from 2010 to 2013, according to a new report by the European Cultural and Creative Industries Alliance.

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25pc of luxury brand Web traffic is from millennials: report

December 11, 2014

Luxury brands are becoming increasingly active in digital media, and consumers are finally catching up with them, engaging with content and sharing it with their own networks, according to a new report by PM Digital.

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