Luxury Daily
Classic Guides
The China Report: Innovation in Luxury

This special report, in collaboration with Jing Daily, is a gift from Luxury Daily to its loyal paid subscribers for their continuing support. China is the beating heart of the global luxury market. Most luxury marketers have their eyes and ears tuned to the likes and evolving tastes of Chinese customers buying luxury goods and services domestically and overseas. Here is a thorough examination of the state of innovation in China’s luxury market.

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News briefs
Nordstrom, Ritz-Carlton, MoveNow, Armani, TCS and Wedgwood – Live news

Luxury Daily’s live news from May 21 – Nordstrom petitions for more size inclusion; Ritz-Carlton, JW Marriott to beef up rewards during Macau anniversary; The days of long leases are over: MoveNow exec; Cate Blanchett represents the Giorgio Armani Beauty woman; TCS World Travel repositions to better serve digitally savvy affluents; Wedgwood speaks to sustainability, nature via flower shows.

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News briefs
Interview Magazine, Manhattan, Givenchy and Tesla – News briefs

Today in luxury – Interview Magazine shutting down, files bankruptcy; Downtown drives Manhattan luxury; New house style: Clare Waight Keller at Givenchy; Tesla Model 3 rebuffed by consumer reports on slow braking.

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Columns
The circular economy in luxury: The new consumerism

The circular economy in luxury is a concept of reviving the essence of luxury with its long-established emphasis on rarity, reflective buying, restoration, longevity, endurance, handcraftsmanship and consideration for people and planet.

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News briefs
Day’s wrap: Nordstrom, Ritz-Carlton, MoveNow, Armani and Wedgwood

Luxury Daily’s live news from May 21 – Nordstrom petitions for more size inclusion; Ritz-Carlton, JW Marriott to beef up rewards during Macau anniversary; The days of long leases are over: MoveNow exec; Cate Blanchett represents the Giorgio Armani Beauty woman; TCS World Travel repositions to better serve digitally savvy affluents; Wedgwood speaks to sustainability, nature via flower shows.

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Travel and hospitality
TCS World Travel repositions to better serve digitally savvy affluents

Private jet tour operator TCS World Travel is adapting to the new wave of travel and evolving affluent consumers’ need in a new repositioning.

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Fragrance and personal care
Cate Blanchett represents the Giorgio Armani Beauty woman

Giorgio Armani Beauty is broadening utility of one of its ambassadors to embody the label’s image as a woman, for all of its beauty endeavors.

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Retail
The days of long leases are over: MoveNow exec

VENICE, ITALY – During a discussion at the Financial Times Business of Luxury Summit on May 21, MoveNow managing director explained that Frankfurt, Germany and experiential short-term locations are the future of luxury shopping.

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Travel and hospitality
Ritz-Carlton, JW Marriott to beef up rewards during Macau anniversary

The Ritz-Carlton, Macau is working in tandem with JW Marriott to celebrate their third anniversary in the South China region, with special culinary experiences and rewards for loyal customers.

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Retail
Nordstrom petitions for more size inclusion

Department store chain Nordstrom is joining the fight for greater size inclusion in fashion, pressuring brands to do the same.

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Home furnishings
Wedgwood speaks to sustainability, nature via flower shows

British home and lifestyle brand Wedgwood is honoring its roots through a partnership with the Royal Horticultural society.

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Apparel and accessories
Fashion calendar experimentation poised to continue

Over the past couple of years, numerous fashion labels have toyed with new runway show formats in an effort to keep up with an increasingly fast fashion cycle.

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Apparel and accessories
Louis Vuitton teams with FIFA World Cup for football fashion

French fashion label Louis Vuitton is leveraging its customization capabilities to commemorate the 2018 FIFA World Cup.

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Retail
Luxury accounts for highest proportion of new customers at Christie’s auctions

Luxury is one of the biggest growth categories for international auction house Christie’s, with the highest proportion of new buyers each year.

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Retail
Printemps celebrates streetwear with Moschino takeover

French department store chain Printemps is celebrating the immense influence of streetwear and the surrounding culture on fashion with a new festival devoted entirely to the urban style.

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Financial services
Less than 25pc of young people are prepared for wealth transfer

As older generations pass on, a new generation of young affluents will soon be inheriting their wealth, but few are prepared for what that entails.

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Blog
Top 5 brand moments from last week

The right endorsement can make all the difference in an aspirational business such as luxury.

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Luxury Memo special reports
Yachts – Luxury Memo special report

Yachts are inherently luxurious, but appealing to the changing consumer and adhering to evolving demands puts pressure on an industry previously held as fundamentally prestigious.

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More Stories

QUOTE OF THE DAY

“Travel has become a necessity, it's not a luxury anymore.”

Tina Edmundson, global brand officer and luxury portfolio leader at Marriott International, in  Gen Z desires authenticity, unique experiences from luxury brands
The circular economy in luxury: The new consumerism
By

The circular economy in luxury is a concept of reviving the essence of luxury with its long-established emphasis on rarity, reflective buying, restoration, longevity, endurance, handcraftsmanship and consideration for people and planet.

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Inviting opinion pieces on luxury issues, marketing, retail and media
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Luxury Daily is inviting opinion pieces on luxury business, advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.

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Analyzing shrinkage and theft in bricks-and-mortar stores
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Jewelry, designer apparel and handbags were a few of the top most stolen items in 2017, according to the National Retail Federation’s 2017 Organized Retail Crime survey.

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Levi Strauss lawsuit against LVMH’s Kenzo raises issues of when there is confusion
By

The complaint in Levi Strauss’ latest case against Kenzo shows several examples of Kenzo pants products that do have a tab very similar to the Levi Strauss mark. So is Levi Strauss’ case airtight?

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