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Luxury Daily's live news from May 23 - Louis Vuitton renews relationship with Nicolas Ghesquière; Ralph Lauren reports earnings gain in fiscal Q4; Mercedes brings connectivity to older models; Tiffany sees better-than-expected growth in sales; Pink bottles, sweet scents top fragrance trends for 2018: report; Humans of Fashion Foundation aims for safer fashion industry via connection.

As women look for more feminine branding in fragrances, Coco Mademoiselle Intense by Chanel is the top perfume of the year so far.

U.S. jeweler Tiffany & Co is looking to regain some control with a stock buyback announcement, amongst strong sales growth.

German automaker Mercedes-Benz is helping owners of its older models stay savvy with modern technology.

U.S. fashion company Ralph Lauren reported a surprise earnings gain in the fourth quarter after it saw a loss the previous year.

French fashion label Louis Vuitton is continuing its relationship with its women’s artistic director, who has supported what the brand calls unprecedented growth.

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VENICE, Italy – The entire fashion ecosystem should work together to combat abuse and harassment in the industry.

VENICE, Italy – Luxury fashion is missing an element of aspiration as it focuses on trying to speed up to meet demand for instant gratification, according to the creative director of Roberto Cavalli.

VENICE, Italy – Of the many disruptions to the overall luxury business, none are more directly important than the changing ways that luxury consumers shop.

VENICE, Italy – According to the CEO of Rimowa, the term “luxury” is focused too much on price point, making “high-quality” a more accurate adjective.

VENICE, Italy – Today’s luxury business is in a state of upheaval, but for investors, the market is ripe with opportunity.

VENICE, Italy – Influencers are a major new factor in the world of luxury, but luxury brands need to understand that the number of followers an influencer has is less important than the makeup of that audience.

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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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.

Luxury Daily's live news from May 22 - Stuart Weitzman lets creative director go, shortly after CEO; Sephora looks to build confidence in the transgender community; Ferragamo debuts first bag design under new creative director; Jaguar Land Rover pleads with British government for straight-forward emissions policy; Saks Fifth Avenue jewelry department joins beauty on second floor; Erdem Moralioglu: Not overextending key to growth.

Today in luxury - Future of Barneys on Madison Avenue expected to be decided soon; Alibaba’s anti-counterfeiting efforts appear to pay off; BMW and Mercedes say thank you to Donald Trump; Five-star living: luxury branded residences are hot properties to own.

With influencers accounting for 10 percent of decisions about luxury purchases – per a Boston Consulting Group study with Italian luxury trade group Altagamma – and with this lever expected to grow, Driscoll Advisors principal Marie Driscoll goes to the source and speaks with Souler cofounder Andrea Tobin about this expanding new media and marketplace.

Luxury Daily's live news from May 22 - Stuart Weitzman lets creative director go, shortly after CEO; Sephora looks to build confidence in the transgender community; Ferragamo debuts first bag design under new creative director; Jaguar Land Rover pleads with British government for straight-forward emissions policy; Saks Fifth Avenue jewelry department joins beauty on second floor; Erdem Moralioglu: Not overextending key to growth.

Department store Saks Fifth Avenue is acting on its belief in a strong future for the jewelry sector with a flagship renovation.