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Luxury Daily's live news from March 7 - Yoox Net-A-Porter, IBM establish strategic partnership to advance fashion ecommerce; British Vogue Festival to commemorate magazine’s centennial; Lancôme welcomes back Isabella Rossellini as spokesmodel for accomplished beauty; Lexus engages Quantico fans with scripted virtual reality experience.

Today in luxury marketing - Palazzo Fendi to be officially unveiled on March 10; Burberry faces a reality check as weak demand invites trench war; 5 ways China's daigou market does more harm than good for luxury brands; Valentino eyes IPO in 2017 after revenue exceeds $1B.

Increasingly, the ultra-wealthy – those with a net worth of $30 million or more – are taking a closer look at how they handle their financial affairs due to the low returns and high fluctuations experienced in 2000-2002, 2008-2009, 2011 and now early 2016.

In a three-year examination of the challenges faced by skilled entrepreneurs with highly developed social capital operating in geographies with underdeveloped “financial capital” markets, the dislocation between the two proved to be profound and stifling.

Yoox Net-A-Porter Group is fostering omnichannel innovation through the creation of a long-term partnership with IBM.

Condé Nast’s British Vogue is hosting its fifth Vogue Festival in May, using the fashion event as an opportunity to celebrate a milestone 100 years in print.

Beauty marketer Lancôme has tapped Isabella Rossellini as its muse, partnering with the free-spirited actress to spread a message of uninhibited femininity.

Toyota Corp.’s Lexus is granting fans of ABC’s “Quantico” the opportunity to experience the world of the television drama firsthand through a scripted virtual reality experience.

The United Kingdom’s luxury market continues to show strong growth with 56 percent of brands adding to their workforce since 2014 and 75 percent expecting full-year sales to increase, according to a report by Wealth-X and Walpole.

Department store chain Saks Fifth Avenue is personalizing its online shopping experience to transfer the service received in-store to anywhere consumers wish to shop.

Please mark your calendar: Luxury Daily will host its Luxury Roundtable: Midyear Review 2016 conference in New York on Wednesday, May 4. Confirmed speakers include senior executives from Rolls-Royce Motor Cars, XOJet, Redfin and the Luxury Institute, among others.

The entire world is currently faced with an uncertain economy, but Brazil has been hit especially hard in recent years, according to a new report by Boston Consulting Group.

Italian menswear house Ermenegildo Zegna is showing off its client-centric services around its bespoke tailoring with a sense of humor.

As the Cartier Women’s Initiative Awards turn 10, the French jeweler has released a special report on the impact of its business plan competition.

Italy's Maserati is the latest automaker to create an upscale SUV, but is such a vehicle viable for brands in the luxury tier?

Hoping to better take advantage of mobile’s influence on in-store and online sales, 39 percent of retailers plan to allocate 50 percent or more of their marketing budget to mobile in 2016, according to a new report from RetailMeNot.

Heritage is continuing to inform strategy in 2016.

Correction: New York University’s Stern School of Business has not introduced a luxury marketing master’s program.

Luxury Daily's live news from March 4 - Manolo Blahnik launches creative collaboration with Rihanna; Four Seasons Maui improves on selfies with photo ambassador; Bentley champions intrepid adventurers for Bentayga-inspired scent; Acqua di Parma reveals passion for tradition through like-minded collaboration.

Today in luxury marketing - Moncler rises after skiwear maker's 2015 earnings beat estimates; 3 key ways luxury brands can fight China's online counterfeits; BMW sees radical new future in world of driverless cars; Luxury home sales in Vancouver, Toronto, to "continue to defy gravity," report says.

Correction: New York University’s Stern School of Business has not introduced a luxury marketing master’s program.