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Estimated at $1.3 trillion in stock market value and selling more than 30 million watch units worldwide, Apple may have a thing or two to teach the luxury watch industry.

Luxury Daily's live news: Sotheby’s International Realty clocks $114B in 2019 property sales volume; Nordstrom pulls plug on home-trial retailer Trunk Club, plans to fold into full-line stores; Gucci spring-summer eyewear campaign sets sight on ‘80s teen hangout; Ferragamo’s “Rising in Hollywood” film series enlists women industry insiders with dreams.

Sotheby’s International Realty posted more than $114 billion in global sales volume for 2019 through its network of affliated brokers and sales professionals helping clients buy and sell luxury properties.

U.S. department store chain is shuttering its standalone Trunk Club service after buying the try-at-home retailer for $350 million in August 2014 and giving it much runway for growth. The news comes the same week as fashion rental retailer Armarium's decision to close.

Italian fashion giant Gucci is back to mining the past for its spring/summer 2020 eyewear ad campaign with a visit to an iconic record store in Los Angeles.

Italian fashion and footwear maker Salvatore Ferragamo has debuted “Rising in Hollywood,” a series of four short films that highlight the insights, emotions and ambitions of a new crop of women creative personalities and entrepreneurs.

Email and search are the most effective digital marketing channels in driving visits to an ecommerce store, but social media is far less effective, suggesting luxury retailers should consider classic forms of online communication.

Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, April 15 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, La Perla, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics, Luxury Portfolio International and LVMH's Starboard Cruise Services.

In China, the past five years has seen the wedding industry revenue grow at an exuberant rate, with this segment now worth more than $130 billion.

Saks Off 5th has teamed up with nonprofit Girls Inc. to celebrate Women’s History Month and International Women’s Day in a move to show its alignment with female empowerment.

This third annual State of Luxury: The Insider View report by Luxury Daily and Unity Marketing surveys 600-plus luxury insiders on their reasons for optimism and caution in 2019. Buy the 44-page exclusive research to arm yourself with invaluable intelligence, or get it free with an annual subscription to Luxury Daily.

We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.

Luxury Daily's live news: Google parent Alphabet, Facebook duopoly to overtake TV spend for first time; Gucci owner Kering salutes World Wildlife Day in sustainability mission; Armarium, challenger to Rent the Runway in fashion rentals, falls victim to unforgiving retail market.

Altagamma warns the effects of the virus are going to extend beyond the first half of 2020 into 2021.

Luxury Daily's live news: Google parent Alphabet, Facebook duopoly to overtake TV spend for first time; Gucci owner Kering salutes World Wildlife Day in sustainability mission; Armarium, challenger to Rent the Runway in fashion rentals, falls victim to unforgiving retail market; Register now: Women in Luxury conference New York April 15.

Online advertising will account for more than half of a projected $660 billion in global ad spend for 2020, with Google parent Alphabet and Facebook combined taking 35 cents on the dollar.

French luxury conglomerate Kering has made a name for itself by touting its eco credentials. So it took to social media to remind everyone that March 3 is World Wildlife Day.

Cofounder/CEO Trisha Gregory penned an open letter to the Armarium audience, acknowledging progress and challenges in a fashion market where behavior is ingrained and competition intense.

The world today has 6,500 dollar billionaires, up 500 from last year.

Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, April 15 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, La Perla, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics, Luxury Portfolio International and LVMH's Starboard Cruise Services.

Burberry has taken over British department store Selfridges’ Corner Shop, with a new Antarctic expedition-themed popup in a bid to connect with affluent consumers who shop the London flagship store.