Luxury Daily, February 2, 2018 – India’s new budget proposal impedes sale of imported luxury goods

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February 2, 2018

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Government

India’s new budget proposal impedes sale of imported luxury goods

Under a new budget proposal in India, high-end goods are about to get a whole lot costlier for the country’s aspiring luxury consumers.

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Media/publishing

Condé Nast moves Wired to paywall model. Will its luxury titles follow suit?

With the announcement that Condé Nast’s technology magazine Wired will be going to a paywall model, the publisher will have to gauge whether its luxury publications will head in the same direction or remain confident in their advertising model.

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Marketing

Luxury execs identify top priorities for 2018

NEW YORK – During the sixth annual Luxury FirstLook 2018: Exclusivity Redefined conference Jan. 17, Luxury Institute’s CEO provided attendees with year-ahead outlooks for several luxury categories, along with insights into consumer shopping preferences.

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Fragrance and personal care

Chanel blends education, engagement in beauty studio FREE

French fashion house Chanel is opening up a beauty school at London department store Harrods to provide expert perspectives on its products.

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Automotive

Chinese buyers of British automobiles only want premium marques: SMMT

Luxury vehicles in the United Kingdom have propelled the region’s growth in car exports, of which demand was highest in China.

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Travel and hospitality

Catering to affluents’ interests is tightrope walk for luxury hotels

Luxury hotel brands are competing against one another in expansion growth and branching out to new markets, but whether or not the widespread developments will damage the hoteliers’ exclusivity is questionable.

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Luxury Memo special reports

State of mobile in luxury marketing: Luxury Memo special report

Transformation of luxury marketing and retail has largely been pushed forward by mobile technology, which now blurs the lines between in-store and online channels and marketing versus retail.

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Marketing

Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders FREE

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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Strategy

Subscribe now: $12 for 12 weeks FREE

Never miss a luxury moment. Access the latest luxury business news and analysis, marketing and retail campaigns, features, special reports and live coverage during business hours. Check the $12 for 12 weeks offer for 22 percent off the annual subscription price.

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News briefs

Bentley, Tatler, Farfetch, Ralph Lauren, Burberry and Smythson – Live news

Luxury Daily's live news from Feb. 1 - Bentley magazine gets new leadership, creative direction; Tatler appoints Richard Dennen as editor Kate Reardon’s replacement; Farfetch commits to Middle Eastern consumer via Chalhoub Group deal; Ralph Lauren alleviates declining US sales with growth in Europe, China; Burberry lends its support to Afghanistan’s cashmere industry; Smythson welcomes Luc Goidadin as creative director.

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News briefs

YouTube, Azzedine Alaïa, Hôtel Ritz Paris and Marc Jacobs – News briefs

Today in luxury - Is fashion paying enough attention to YouTube?; Azzedine Alaïa: The final interview; Putting on the Ritz: Paris hotel auctions its luxury pieces; Marc Jacobs hires new designer for lower-priced product push.

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Columns

How not to handle a collaboration request for influencer marketing

Often times, pitching and the negotiation that comes out of it occurs behind closed doors, and consumers only see the outcome.

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