Luxury Daily

News briefs

Day’s wrap: Moët & Chandon, Huntsman, Rolls-Royce, Time Inc., Tag Heuer and Estée Lauder

Luxury Daily’s live news from May 25 – Moët & Chandon celebrates long-term relationship with limited edition; Huntsman curates lifestyle collection, exhibiting modern side to heritage; Rolls-Royce’s Dawn doubles as a musical instrument; Time Inc. UK to be renamed TI Media; Tag Heuer works with Jared to appeal to Indy 500 fans; Estée Lauder looks to comedy, common problems to promote digital tool.

Share on FacebookShare on LinkedInShare on Twitter

 

Tag Heuer works with Jared to appeal to Indy 500 fans

LVMH-owned watchmaker Tag Heuer is operating a special trunk show in preparation for the Indy 500 race.

Share on FacebookShare on LinkedInShare on Twitter

 
Retail
Retailers must match customer expectations on omnichannel: report

The majority of customers in the United States today desire comprehensive product tracking across every touchpoint of the purchasing process, but only a select few retailers live up to this expectation.

Share on FacebookShare on LinkedInShare on Twitter
Automotive
Donald Trump’s proposed tariffs on imported cars would have major impact on luxury auto

After walking back some of his more aggressive threats on tariffs, President Donald Trump has publicly contemplated placing heavy duties on imported cars.

Share on FacebookShare on LinkedInShare on Twitter
Editorial calendar
Have a safe, relaxing Memorial Day weekend

Luxury Daily will not publish on Monday, May 28, in observance of Memorial Day. Thanks to all veterans for your service to our country.

Share on FacebookShare on LinkedInShare on Twitter
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.

Share on FacebookShare on LinkedInShare on Twitter
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.

Share on FacebookShare on LinkedInShare on Twitter
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.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
LVMH, Gucci, Tesla, Flont, Prada and evergreen brands – Live news

Luxury Daily’s live news from May 24 – LVMH leads Lyst’s latest investment round; Gucci moves spring fashion show to Paris; Consumer advocacy groups target Tesla ads over Autopilot feature; Flont eyes Asia’s potential through joint venture; Prada expands Chinese footprint with SKP Xi’an openings; Innovation, passion and quality are keys to building an evergreen brand.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
Sneakers, Tiffany, Tesla and real estate – News briefs

Today in luxury – Fashion and sport brands clash in luxury sneakers race; Consumers are returning to luxury brands such as Tiffany, and investors should too: analyst; Tesla’s Model 3 isn’t really for the mass market. It’s a luxury car; London’s luxury homes lure hedge fund cash.

Share on FacebookShare on LinkedInShare on Twitter
Jewelry
Satta Matturi eyes gap in African-themed jewelry market

Love for jewelry inspired Satta Matturi to create her brand, Satta Matturi Fine Jewellery, for the precious stones lover enthused by African facets.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
Day’s wrap: LVMH, Gucci, Tesla, Flont, Prada and evergreen brands

Luxury Daily’s live news from May 24 – LVMH leads Lyst’s latest investment round; Gucci moves spring fashion show to Paris; Consumer advocacy groups target Tesla ads over Autopilot feature; Flont eyes Asia’s potential through joint venture; Prada expands Chinese footprint with SKP Xi’an openings; Innovation, passion and quality are keys to building an evergreen brand.

Share on FacebookShare on LinkedInShare on Twitter
Jewelry
Flont eyes Asia’s potential through joint venture

Jewelry service Flont has entered a joint venture with Hong Kong-based Chow Tai Fook and venture capital firm C Ventures to expand its business in Asia.

Share on FacebookShare on LinkedInShare on Twitter
Automotive
Consumer advocacy groups target Tesla ads over Autopilot feature

U.S. automaker Tesla is facing scrutiny from the Center for Auto Safety and Consumer Watchdog, who claim the advertisements for its Autopilot feature are deceptive.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Gucci moves spring fashion show to Paris

Italian fashion house Gucci is paying homage to France by showing its spring/summer 2019 collection in Paris.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Prada expands Chinese footprint with SKP Xi’an openings

Italian fashion group Prada is strengthening its retail presence in China with the opening of seven stores in Xi’an.

Share on FacebookShare on LinkedInShare on Twitter
Retail
LVMH leads Lyst’s latest investment round

Fashion search platform Lyst has raised additional equity in a financing round led by luxury conglomerate LVMH.

Share on FacebookShare on LinkedInShare on Twitter
Marketing
Innovation, passion and quality are keys to building an evergreen brand

VENICE, Italy – There is an ongoing push and pull in the luxury business today between the heritage brands with decades or even centuries of history and tradition behind them and the newer, younger brands that still have something to prove.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Balenciaga CEO: Risky Demna Gvasalia appointment was game changer

VENICE, Italy – While an unconventional move, Kering-owned Balenciaga’s choice of designer Demna Gvasalia as its creative director has helped the brand become the hottest label in fashion.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Size inclusivity presents big opportunity for luxury fashion

The market for plus-size clothing is booming, opening up opportunities for luxury brands and retailers that cater to the demand for a wider range of sizes.

Share on FacebookShare on LinkedInShare on Twitter
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
Satta Matturi eyes gap in African-themed jewelry market
By

Love for jewelry inspired Satta Matturi to create her brand, Satta Matturi Fine Jewellery, for the precious stones lover enthused by African facets.

Share on FacebookShare on LinkedInShare on Twitter
Luxury brands must start investing in Gen Z – now
By

As their wallets start to catch up to the magnitude of their influence, luxury brands need to pay attention and invest in Gen Z.

Share on FacebookShare on LinkedInShare on Twitter
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.

Share on FacebookShare on LinkedInShare on Twitter
Analyzing shrinkage and theft in bricks-and-mortar stores
By

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.

Share on FacebookShare on LinkedInShare on Twitter
More Columns