A majority of affluent consumers are signaling that they will maintain their current levels of luxury spending, and one-fourth even said they expected it to increase over the next 12 months.

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Luxury Daily’s live news: Prada Group partners with Adobe to up online, bricks-and-mortar CX; Bulgari presents first-ever digital immersion experience to public in Dubai; Buccellati, Milan-based goldsmith school team up to preserve Italian tradition; Le Méridien opens first property in Australia.

Now that China has lifted the remaining COVID restrictions and reopened its borders, we may see another wave of revenge buying drive global luxury sales, and influencers will be in the driver’s seat.

Visits to temples have surged 310 percent since the beginning of 2023, compared to the same period last year, according to Chinese travel platform Ctrip.

Luxury Daily’s live news: Prada Group partners with Adobe to up online, bricks-and-mortar CX; Bulgari presents first-ever digital immersion experience to public in Dubai; Buccellati, Milan-based goldsmith school team up to preserve Italian tradition; Le Méridien opens first property in Australia.

Prada Group, namesake parent company of the Italian fashion label, announced it has furthered its relationship with Adobe to enhance its customer experience in both the online and bricks-and-mortar spaces.

Roman jeweler Bulgari is expanding the fragrance experience to all five senses and beyond.

Italian jeweler Buccellati is ensuring that the artisanal traditions of the Renaissance will be reborn with future generations.

Marriott-owned hospitality group Le Méridien Hotels & Resorts is making its debut Down Under.

The luxury hospitality leader has a handle on the concept of “glocalization,” honoring an important observance by strategically tailoring celebratory approaches according to region.

The conglomerate’s progress report makes clear that sustainable initiatives must not stop at improving old benchmarks, and should instead aim to create new systems altogether.

This year, a second edition of the artfully-minded conference takes place amid the city of Hong Kong, arriving in Asia for the very first time.

German automaker Porsche is giving transparency a new platform.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Luxury Daily’s live news: Prada Group helps launch urban forestry academy in Milan; Moschino creative director Jeremy Scott steps down; Emirates honors Ramadan with specialized guest offerings; Genesis expands EV sales to more US markets.

China is an important long-term growth opportunity for Capri Holdings’ Versace, Jimmy Choo and Michael Kors brands.

Luxury Daily’s live news: Prada Group helps launch urban forestry academy in Milan; Moschino creative director Jeremy Scott steps down; Emirates honors Ramadan with specialized guest offerings; Genesis expands EV sales to more US markets.