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Luxury Daily's live new: LVMH expects first-quarter revenue to drop 10-20pc over COVID-19 measures; 4 questions for CEO Jean-Christophe Babin on Bulgari’s lending hand to Italian authorities; Net-A-Porter suspends operations in US and Europe, keeps Asia Pacific open; Zegna family, management to chip in $3.3M for Italian anti-COVID-19 effort; Luxury business, while resilient, likely to contract $66B to $77B in 2020.

Content discoverability is the second-most important digital transformation focus of publishers.

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.

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.

Luxury Daily's live new: LVMH expects first-quarter revenue to drop 10-20pc over COVID-19 measures; 4 questions for CEO Jean-Christophe Babin on Bulgari’s lending hand to Italian authorities; Net-A-Porter suspends operations in US and Europe, keeps Asia Pacific open; Zegna family, management to chip in $3.3M for Italian anti-COVID-19 effort; Luxury business, while resilient, likely to contract $66B to $77B in 2020.

French luxury conglomerate LVMH has warned that revenue in the first quarter of this year will fall between 10 percent and 20 percent as the COVID-19 coronavirus outbreak has stalled retail and manufacturing operations.

Jean-Christophe Babin, CEO of LVMH-owned Bulgari, takes questions on the jeweler's steps to help while Italy tackles its healthcare crisis.

As is quite clear, coronavirus-induced national lockdowns are now affecting operations of warehouses funneling into the ecommerce operations of major retailers. Now Net-A-Porter joins their ranks.

Italian fashion giant Ermenegildo Zegna Group is joining its peers in philanthropic efforts to help Italy’s government and health authorities arrest the spread of the COVID-19 coronavirus.

That percentage drop of 22 percent to 25 percent is the combined revenue of what the two largest players in global luxury generated last year: $59.1 billion for LVMH and $17.4 billion for Kering.

U.S. law has made it very difficult to hold online platforms liable for sales of counterfeits.

Swiss luxury hotel group Le Bijou has built its strategy around offering clients discreet people-free check-ins, which many have come to appreciate as the COVID-19 coronavirus pandemic rages on.

As Instagram selfies of working from home abound, consumers are taking more pride in their home-office and dining-table environments.

The health crisis bought on by the COVID-19 outbreak has affected nearly all luxury sectors.

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.

Luxury Daily's live news: UK’s Goodwood Festival of Speed, catnip to auto enthusiasts, pushed back; Ralph Lauren springs $10M, Gucci $2.2M for COVID-19 relief; Swiss watchmakers postpone Geneva Watch Days to August as they plan threat to Baselworld, Geneva Watches & Wonders shows; Bottega Veneta debuts residency online to attract, retain site visitors; Bulgari joins LVMH peers with manufacturing and donation of hand sanitizers to Italian health authorities.

In years past, consumers in China were encouraged to spend to help boost the country’s growth. As a result, younger luxury buyers were happy to react to stimulus plans and engage in excessive materialism.

Luxury Daily's live news: UK’s Goodwood Festival of Speed, catnip to auto enthusiasts, pushed back; Ralph Lauren springs $10M, Gucci $2.2M for COVID-19 relief; Swiss watchmakers postpone Geneva Watch Days to August as they plan threat to Baselworld, Geneva Watches & Wonders shows; Bottega Veneta debuts residency online to attract, retain site visitors; Bulgari joins LVMH peers with manufacturing and donation of hand sanitizers to Italian health authorities.

The Duke of Richmond and Gordon has decided to postpone the Goodwood Festival of Speed, one of the most prestigious events in the automotive calendar after consulting the British government and Public Health England.

Fashion giants Ralph Lauren Corp. and Kering’s Gucci have announced major contributions to fighting the spread of the COVID-19 coronavirus, joining a slew of luxury marketers in France, Italy, United Kingdom, Switzerland and the United States who have dug deep into their pockets.

The Geneva Watch Days event planned by leading Swiss watchmakers after the cancellation of Baselworld and Watches & Wonders for this year has been pushed back to Aug. 26-29.