Handbags designed by Italy’s Gucci edged out French atelier Chanel as a must-have among affluent Chinese women, according to a survey conducted by RBC Capital Markets.
Register now for the nation's premier conference focused on how the luxury business will rapidly evolve in 2017, calling for a reset to Luxury 2.0. Speaker list, agenda and registration link in article.
Much has been said about the precipitous decline of the newspaper industry, but perhaps nothing indicates a more grave state than the projection that social media will take over the medium in advertising spend in four years.
Audemars Piguet and Oscar de la Renta were among the Luxury Education Foundation members that opened up their marketing and retailing operations to educational innovation this fall.
Euromonitor is Luxury Daily’s 2016 Researcher of the Year for its comprehensive view of the luxury sector across regions, verticals and for its attention to current events.
Luxury Daily's live news from Dec. 12 - Dolce & Gabbana points finger at Philipp Plein for stealing employees; De Beers finalizes relocation to Madison Avenue; Dior extends eyewear agreement with Safilo, while Céline’s contract closes; Hublot pays homage to Swiss ski culture with limited-editions.
Today in luxury marketing - Estée Lauder’s annual shareholder meeting is a pampered affair; Tag Heuer bucks downturn, expands in China: CEO; Top travel agents reveal what's hot in luxury travel for 2017; Mercedes-Benz poised to topple BMW as world’s luxury-car king.
In tech news in the past week, China’s social media app Weibo is showing signs of a strong rebound in a WeChat world, and luxury brands have been wasting no time taking advantage of the platform’s expanding reach.
The best piece of advice I ever got: focus on the things you can affect. This is advice I have drawn on again and again in my career. It has been a challenge to master, and it is still a work in progress.
Seventy percent of consumers forgo subscribing to a loyalty program because of the time and inconvenience of registration. But 72 percent of consumers affirm that they would be more likely to sign up for a loyalty club through a text message.
