Luxury Daily

News briefs

Day’s wrap: Chanel, LVMH, Kering, Swiss watches, online retail, Thomas Goode and Le Méridien

Luxury Daily’s live news from June 21 – Chanel lets financial figures out of the bag; LVMH invites consumers behind-the-scenes via expanded open house; Christopher Kane in talks with Kering to buy back brand; Swiss watch exports up 5.3pc in May; U.S. Supreme Court rules states can collect sales tax from online retailers; Thomas Goode plans to expand business under new owner; Le Méridien brings European-style summer living around the world.

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Chanel lets financial figures out of the bag

French fashion label Chanel has revealed that its sales totaled $9.62 billion in 2017, an increase of 11 percent from the previous year.

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Retail
Hub by Amazon challenges other retailers to raise omnichannel game

Ecommerce giant Amazon is debuting a new delivery solution for apartment buildings in yet another challenge to the retail industry.

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Automotive
Cadillac focuses on innovation in both design and customer experience

NEW YORK – For an automotive company, innovation on the design and engineering side is key, but innovation in how the product is presented is just as important.

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Marketing
Building and cultivating consumer habits is key to brand longevity

NEW YORK – Building good customer experience is all about creating and cultivating the right habits.

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Strategy
Call for nominations: Luxury Women to Watch 2019

Even as more women ascend the decision-making ranks at luxury marketers, work needs to be done to attract them to C-suite and key marketing, retail, media and digital positions in a business that shows resilience and long-term focus in good times and bad.

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Research
Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders

The rise of the digital economy simultaneously poses the biggest challenge and growth opportunity to the luxury business, according to the newly released “State of Luxury 2018: The Insider View” report from Luxury Daily and Unity Marketing that surveyed 599 decision-making luxury industry insiders. More details in article on how to buy or get the report free with a new annual subscription.

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Strategy
Subscribe now: $12 for 12 weeks

Never miss a luxury moment. Access the latest luxury business news and analysis, marketing and retail campaigns, features, special reports and live coverage during business hours. Check the $12 for 12 weeks offer for 22 percent off the annual subscription price.

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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
Four Seasons, NetJets, YNAP, Bulgari, Christofle, Luxury Card and Phillips – Live news

Luxury Daily’s live news from June 20 – Four Seasons, NetJets bring bespoke customization to one-destination trips; Richemont delists YNAP from Milan Stock Exchange; Bulgari revitalizes area of Shanghai with new hotel; Christofle adds Karl Lagerfeld limited-edition to Mood collection; Luxury Card spotlights services in national US spot; Phillips showcases art, design through exhibition platform.

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News briefs
Tod’s, luxury prices, Ferragamo and automakers – News briefs

Today in luxury: Tod’s owner says CEO will “conduct orchestra” at Italian luxury group; As the Luxury Price Index shows, it’s not easy being rich these days; Ferragamo stock tumbles after family reportedly sells partial stake; California and 8 other states push plan to boost zero-emission vehicles.

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Marketing
Verizon, AT&T attempt to head off private data scandal on lines of Facebook

The wireless carriers are not the only ones who know where you are, where you have been and often where you are going.

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Travel and hospitality
Under siege, 5 PR mistakes that Airbnb continues to make

Airbnb is facing an existential threat that has the potential to fundamentally destroy its revenue model. It is a crisis and public relations lesson that every entrepreneur and marketing professional should watch closely.

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News briefs
Day’s wrap: Four Seasons, NetJets, YNAP, Bulgari, Christofle, Luxury Card and Phillips

Luxury Daily’s live news from June 20 – Four Seasons, NetJets bring bespoke customization to one-destination trips; Richemont delists YNAP from Milan Stock Exchange; Bulgari revitalizes area of Shanghai with new hotel; Christofle adds Karl Lagerfeld limited-edition to Mood collection; Luxury Card spotlights services in national US spot; Phillips showcases art, design through exhibition platform.

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Home furnishings
Christofle adds Karl Lagerfeld limited-edition to Mood collection

Designer Karl Lagerfeld is adding another category to his resume through a partnership with French silver manufacturer Christofle.

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Financial services
Luxury Card spotlights services in national US spot

Premium card provider Luxury Card is demonstrating the convenience of its Mastercard Gold Card in a television spot with a professional athlete.

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Travel and hospitality
Bulgari revitalizes area of Shanghai with new hotel

Bulgari Hotels & Resorts is moving into Shanghai as part of the Suhe Creek riverside urban revitalization project.

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Retail
Richemont delists YNAP from Milan Stock Exchange

Yoox Net-A-Porter has officially been delisted from the Milan Stock Exchange, according to Richemont.

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Travel and hospitality
Four Seasons, NetJets bring bespoke customization to one-destination trips

Four Seasons Hotels and Resorts is working with private aviation firm NetJets to launch new packages for greater bespoke travel.

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Arts and entertainment
Phillips showcases art, design through exhibition platform

Auction house Phillips is creating an immersive art buying experience with the debut of a new exhibition platform for contemporary art.

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More Stories

QUOTE OF THE DAY
Verizon, AT&T attempt to head off private data scandal on lines of Facebook
By

The wireless carriers are not the only ones who know where you are, where you have been and often where you are going.

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Under siege, 5 PR mistakes that Airbnb continues to make
By

Airbnb is facing an existential threat that has the potential to fundamentally destroy its revenue model. It is a crisis and public relations lesson that every entrepreneur and marketing professional should watch closely.

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Technology drives photography across ecommerce
By

Logistics within ecommerce photography can be a huge pain point if not handled properly.

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4 new Facebook Live features that are game-changing for marketers
By

Facebook recently launched new updates to Live that will enable brand marketers to get in front of their target audiences quicker and easier than ever.

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