NEW YORK – The luxury world may be unrecognizable in 10 years, according to a New York University professor speaking at the FACC Luxury Symposium 2016.
While millennial consumers have the weakest buying power, they are the most likely of any adult generation to have purchased a luxury good or service within the last 12 months, according to a new report from the Shullman Research Center.
LVMH-owned Sephora is bringing live 3D facial recognition to the existing Virtual Artist feature on its application and Web site, a move expected to boost conversion rates through more accurate facial tracking and rendering.
Luxury Daily's live news from April 1: Hedi Slimane departs Saint Laurent Paris; Marc Jacobs sends spring sentiments via Daisy messaging; Luxury brands debut mock products for April Fools’ Day trickery; Barneys connects art, fashion in Karlie Kloss-fronted campaign.
Today in luxury marketing - Marriott to buy Starwood hotels, after Chinese firm quits pursuit; Pop-up stores thrive in a world of failing retailers; In India, luxury goods tango with customers’ age; Pierre Bergé slams designer "Islamic fashion."
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