September 23, 2020
Luxury Daily's live news:
One in four high-net-worth individuals expect their wealth to decrease temporarily
The COVID-19 crisis has affected economies worldwide and high-net-worth individuals are not immune.
Sotheby’s ropes in Alexander Klabin to grow Sotheby’s Financial Services
Sotheby’s has partnered with Alexander Klabin to ramp up the growth of Sotheby’s Financial Services, claimed as the world’s only full-service art financing company.
U.S. Fashion Industry Association, NRF express disappointment over anti-Xinjiang legislation
The U.S Fashion Industry Association and fellow associations in retail and manufacturing are opposing the passage of legislation passed in the U.S. House of Representatives that bans import of goods produced through forced labor from China’s Xianjiang province.
Changing behaviors, priorities could usher in new luxury consumers post-COVID
As people have grown more accustomed to living amid the coronavirus pandemic, marketers still face challenges in effectively communicating with consumers who continue to crave a return to “normalcy” while navigating persistent health risks.
Introducing Luxury Women to Watch 2021
Luxury Daily annually honors smart women executives who show the potential to make a difference next year in the luxury business. This year’s list features 26 honorees who have set ambitious goals to achieve in a luxury market that, while growing, is also challenged by rapid changes in consumer behavior and technology.