While brands are quick to work with retailers such as Bergdorf Goodman, Saks Fifth Avenue and Nordstrom, many are sure to stay far away from Amazon with only 25 percent distributing on the online marketplace, according to L2.
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.
French fashion house Hermès’ iconic Birkin bag is boding well for investors, as twice this year the purse style broke its previous record for most-expensive handbag sold, according to Baghunter.
After only a few months, Yahoo is discontinuing Radar, its chatbot-like travel assistant, providing the first inkling of doubt in the otherwise promising rise of chatbots as a commercial interface.
Luxury Daily has announced Gucci as Luxury Marketer of the Year, Net-A-Porter and Mr Porter as Luxury Retailer of the Year, Vogue as Luxury Publisher of the Year and Euromonitor as Luxury Researcher of the Year 2016.
Luxury Daily's live news from Dec. 21 - China shows glimmer of hope for Swiss watch exports; Jaguar encourages young girls to embrace STEM education; Tod’s ensures Italian manufacturing continues in earthquake-affected region; Rosewood London serves up contemporary artwork the size of tea cakes.
Today in luxury marketing - First-ever private parking club comes to New York; Luxury travel group gives Trump’s Washington hotel a brutal review; Maker of spectacles for Dior expands into smart glasses; Tesla adds $500M to borrowing capacity amid expansion.
From geopolitical disputes to debates over cultural appropriation, China tends to be a place where it is easy for foreign brands to get embroiled in controversies, no matter how hard they try to avoid it.
Even though 83 percent of application users say location is crucial to their app experiences, it is astounding that more than half of location-dependent app users have not turned their location services on – even for things as basic as weather and navigation apps.
