Luxury Daily's live news from Jan. 19 - Neiman Marcus, Saks prepare for omnichannel’s imminent takeover; Guerlain recounts 190-year “love story” via film; Ferrari reveals plans for electric car; Audemars Piguet to launch secondhand sales; Flexjet links with Go Rentals for client experiences; Robb Report speaks to wellness trends with retreat; MyTheresa drives Miu Miu purchases via influencer effort.
NEW YORK – Growth in data availability has opened up doors for marketing and is driving economic growth, but the tradeoff has been the individual’s loss of control over their own information, according to an executive from Identity Praxis.
NEW YORK – Retailers and brands in the United States need to work in tandem with their divisions in China to create a seamless strategy that allows the Chinese consumer to be targeted everywhere, especially while on vacation.
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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Luxury Daily's live news from Jan. 18 - Millennials are the future, but that time is not here yet; Luxury consumers trending toward goodness in purchases, values; CFDA to bolster Chinese fashion via Tmall China Day; Le Bon Marché stages optical illusions to challenge reality; Rimowa stresses functionality in logo, branding update; Brioni continues "tailoring legends" in Harvey Keitel campaign; Versace introduces Donatella’s pup for Lunar New Year.
Today in luxury - Fashion brands commit to boosting circular apparel efforts by 2020; Ralph Lauren is reissuing its iconic Snow Beach collection; Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals; Nordstrom, the last great American department store?