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.
SEOUL, South Korea – As the velvet ropes of luxury continue to come down, Instagram has created an outlet for storytelling that has democratized the industry, according to panelists at the Condé Nast International Luxury Conference April 20.
SEOUL, South Korea – South Korean beauty trends are taking the global skincare and cosmetic industry by storm as the Asian nation’s demand for innovative solutions impacts product development.
SEOUL, South Korea – Change is wrought too quickly to anticipate, meaning that brands need to be fast reactors, according to Vogue China’s editor in chief at the Condé Nast International Luxury Conference on April 20.
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.
SEOUL, South Korea – Fashion is an ongoing game of dress-up, but that gives it an ability to affect change, according to designer Jason Wu at the Condé Nast International Luxury Conference on April 20.
SEOUL, South Korea – With communication flattening the world, the meaning of “luxury” has shifted, according to a museum director at the Condé Nast International Luxury Conference on April 20.
The number of mobile-related merger and acquisition deals rose 35 percent during the first quarter of 2016 as businesses looked to beef up capabilities related to mobile distribution of branded content, analytics and machine learning, according to a new report from Berkery Noyes.
Luxury Daily's live news from April 20 - Moncler investigates down suppliers following animal mistreatment claims; Mercedes-Benz hones fashion voice with style-centric social platforms; Johnnie Walker educates on environment impact of Internet use; IWC uses gamification to debut charitable timepiece.
Today in luxury marketing - The future of luxury is now, as heritage brands meet new demands; Behind Louis Vuitton’s pinky promise; Patrizio di Marco and Dolce & Gabbana match not happening; When it comes to luxury watches, green is the new blue.
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.
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