Luxury Daily
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Pack your bags: 2024 will be the year of high-end hospitality, but what does this mean for luxury?
February 6, 2024By

Macro-cultural value shifts mean high-net-worth travelers now have a different set of expectations.

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2024: The challenge for luxury amid global and regulatory changes
February 1, 2024By

The luxury market is poised for transformative shifts across various domains, painting a dynamic landscape for industry players.

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Counterfeits and profits: how traceability technology is helping luxury retailers stay in the game
January 30, 2024By

What is the future of luxury retail? Like with any global industry, it is complicated and will be largely influenced by technology.

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Does Gov. Hochul support luxury brands?
January 26, 2024By

The leader vetoed and edited several laws in December that are set to make business easier for luxury labels.

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2024: A year of cautious optimism in the luxury market
January 24, 2024By

Brands lacking clarity in their offerings are likely to encounter difficulties.

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Diversity and inclusion in luxury leadership
January 10, 2024By

Using data engineering methods, I set out to answer the question, “how diverse is luxury leadership?”

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From excess to eco-chic: the collaborative solution for luxury brands
December 28, 2023By

As the industry grapples with excess inventory, new opportunities emerge for strategic partnerships between luxury brands and sustainability-focused counterparts.

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Retail partnerships are key to market entry success
December 18, 2023By

Luxury brands that partner with bricks-and-mortar retailers can create synergies beyond setting up a mere distribution network.

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New laws in 2024 that affect luxury brands: are you ready?
December 15, 2023By

Several new laws will force leaders to disallow the status quo.

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Be ready for the new generation of luxury archivists
December 14, 2023By

As young consumers become key buyers in the market, the industry needs to evolve to fit their vision of luxury defined by knowledge, access, community and craft.

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Four ways prestige brands can thrive in today’s market
December 11, 2023By

There are many growth opportunities in the luxury sector, but creativity is critical for labels to truly excel.

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Top international luxury events to land private jets in 2024
December 4, 2023By

Leading global private jet provider BitLux shares the list of the most relevant events that private jet passengers attend on a yearly basis. What can you look forward to in 2024?

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ESG and fashion: no US consumer buy-in
November 20, 2023By

As the fashion industry takes sustainability into regard, officials are making headway on “greenwashing” regulations.

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How ‘skimpflation’ is redefining the luxury customer experience
November 7, 2023By

Loosely defined as cutting back on the quality of products, “skimpflation” is having a significant impact on many luxury consumers.

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Why luxury brands should create a world of value for customers
November 1, 2023By

The new codes of luxury are increasingly shifting to center around an individual’s entire lifestyle, including diverse interests, areas of inspiration and global influences.

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Clarifying luxury brand values and positioning for an evolving marketplace
October 26, 2023By

An increasingly competitive marketplace requires the establishment of a unique blueprint for start-ups and heritage names alike.

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The necessity of customer intimacy with today’s luxury audience
October 18, 2023By

High-end brands have the ability to heighten this sense of connection, closeness and affinity with customers for a lifetime, not just over the course of a single transaction or the sharing of a social post.

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Luxury brands may feel the economic pinch: new severance agreement laws to follow now
October 13, 2023By

While the wealthy have buoyed luxury sales, it is inevitable that luxury brands will need to make personnel cuts.

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What marketers must know about luxury consumer tiers today
October 11, 2023By

Luxury brands and their audiences have become increasingly segmented, their unique behaviors and identifiers included.

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Is it time to reinvigorate your marketing agenda with a heritage strategy?
September 25, 2023By

Opportunities still exist for brands to create a legacy and leverage the power of heritage.

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The use of AI in marketing: slippery slope or good idea?
August 11, 2023By

The use of AI in marketing should be approached cautiously by companies in the luxury space.

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