Luxury Daily, August 16, 2019 – What impact would a recession have on the luxury business?

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August 16, 2019

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Financial services What impact would a recession have on the luxury business?
With global headwinds suggesting that an economic downturn may soon arrive, luxury brands need to be guarding themselves against the possible slowdown. Entire article

Automotive Pinterest helps automakers reach buyers with purchase intent
According to data, social network Pinterest holds an audience of early adopter automotive buyers, making it a strong fit for new model debuts. Entire article

Retail

Register now for the world's first luxury customer experience conference: Luxury Daily's LuxeCX on Wednesday, Sept. 25 in New York. Hear from experts at Apple, Piaget, Forrester Research, InterContinental Hotels’ parent IHG, Ritz-Carlton Leadership Center, Christie's, South Coast Plaza, UBS, Taj Hotels’ The Pierre, IBM, Pernod Ricard, Magellan Jets, Gaggenau, Altiant, Shanker Inc., Customer Experience Group and the Luxury Institute. Entire article

Retail Saks partners with Vogue to portray handbag temptation
Department store chain Saks Fifth Avenue is highlighting this season’s handbag releases in a humorous short in collaboration with Condé Nast’s Vogue. Entire article

Webinars Webinar on Aug. 21: “Property and Furnishings: How to Hit a Home Run” FREE
Register now for this free hour-long webinar Aug. 21 on how younger affluent consumers are shaping the way property is bought and sold and influencing what goes into these homes based on their values and concerns for the environment. Experts will weigh in with insights, analysis, tips and examples to keep home-oriented marketers competitive and relevant. Entire article

Research Luxury Daily releases 44-page State of Luxury 2019 report polling industry insiders FREE
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. Entire article

Strategy Subscribe now: Full access to 80,000+ articles, reports, videos and images FREE
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. Entire article

News briefs

Rolls-Royce, Tapestry, Hearst, Tiffany, HBC and Christie’s – Live news

Luxury Daily’s live news from Aug. 15 - Rolls-Royce marks Ghost milestone with commemorative model; Tapestry sales up 4pc in 2019; Hearst invests in tech with cybersecurity appointment; Tiffany updates men’s jewelry in refined collections; HBC committee unable to delay deadline for Catalyst’s amended share offer; Christie’s teams with creatives for antique-inspired capsule collection. Entire article

News briefs Europe, Amazon, Tesla and Goldman Sachs – News briefs
Today in luxury - Europe is still a bargain for luxury shoppers; Amazon Prime Day boosted consumer spending in July; Tesla’s "worrisome" turnover is more extreme among those close to Elon Musk; How Goldman Sachs could lose money on the Apple credit card. Entire article

Columns What is your favorite brand?
Recently I had a leisurely lunch with friend who, like me, focuses on luxury, affluence and wealth. Entire article

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