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NEW YORK – Buy now, wear now is a trend sweeping the fashion industry, but it is one that Carolina Herrera will not be buying into.

Marketers used the medium of video to evoke emotions in viewers, whether eliciting a laugh or tears.

Online travel agency Priceline and home-sharing service Airbnb have higher valuations than any hotel chain, according to a new report by L2.

German automaker Porsche is not responsible for the death of actor Paul Walker, according to the federal judge who ruled on the case.

Italy’s Salvatore Ferragamo is channeling its founder’s love of nature and travel with the launch of a jewelry capsule collection.

Snapchat’s 2.0 update changes things for marketers, as content can now appear without the need to click, opening opportunities to get in front of users while making it more important than ever that brands not post too much.

Silicon Valley, CA communities are experiencing a shortage of inventory at the high-end, but new cities are emerging as luxury hubs, according to a report by Coldwell Banker.

Big changes and creativity marked a busy week in the luxury world.

Luxury Daily's live news from April 8 - Saks to close Dubai department store after 10-year stint; Maserati personalizes purchase process via Chase finance solution; Marc Jacobs casts Screaming Queens for UGC eyewear effort; Prada nets 2015 growth in Japan, as China continues to cool.

Today in luxury marketing: Chaumet and Boucheron join exodus from Biennale des Antiquaires; Why would Yves Saint Laurent erase the Hedi Slimane era?; The grey market; Azzedine Alaïa on fashion’s current turbulence.

New out-of-home marketing technology is already drawing fire from privacy advocates and others who are concerned that the average consumer is unaware that his or her location data is being shared with advertisers and marketers.

It is time to redefine luxury around more substantial core values or face the consequences.

Italian fashion house Prada saw a 26.6 percent drop in profits in the 12 month period ending on Jan. 31.

Italian automaker Maserati and banker JP Morgan Chase have partnered to create a new auto finance agreement to offer potential buyers customized financial solutions.

U.S. fashion brand Marc Jacobs is showcasing consumers’ expressions for its spring 2016 eyewear collection.

The Ritz-Carlton, Cleveland has debuted an exclusive Fresh Market package to explore the city’s culinary attractions.

U.S. department store chain Saks Fifth Avenue has decided to shutter its location in Dubai, United Arab Emirates after nearly a decade.

VERSAILLES, France – Digital channels offer brands fighting for a relatively small group of consumers the opportunity to appeal to new audiences, according to panelists at The New York Times International Luxury Conference on April 6.

VERSAILLES, France – Luxury goods are reliant on skilled craftsmanship, but talent cultivation has proved difficult in today’s culture as consumers readily move away from traditional artisan work.

Changing consumer habits have forced brands to move quickly into the exploding mobile marketing arena, staying ahead of trends and spearheading technological innovations.

French couture house Jean Paul Gaultier is introducing itself to a new market with the help of some animated friends.