Luxury Daily, February 7, 2018 – How will stock market volatility affect luxury consumption?

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February 7, 2018

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Financial services

How will stock market volatility affect luxury consumption?

Global stock markets have been taking a tumble, as volatile trading threatens to eat away at the net worth and investment assets of affluent individuals.

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Retail

Millennials dispelling stigma of pawning luxury goods

Millennials’ value-driven sentiment has changed the retail landscape, which in turn has resulted in an increased interest in the secondhand market.

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Apparel and accessories

Ralph Lauren teams with NY Times to preview Pyeongchang Games FREE

U.S. fashion label Ralph Lauren is giving consumers an up-close look at the prowess of Olympic athletes through a sponsored augmented reality experience.

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Media/publishing

W Magazine anticipates print’s future in first collectible edition

Condé Nast-owned W Magazine introduced readers to its remodeled format with an unlikely actor pair and advertisers such as Chanel adorning the February 2018 issue's pages.

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Automotive

Autonomy, electricity will transform auto industry sooner than later

As automakers continue to invest in electric mobility initiatives, the electric vehicle market is likely see a paramount jump by the year 2025.

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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

Lanvin, Suffragettes, Gucci, Porsche, Galeries Lafayette and Swarovski – Live news

Luxury Daily's live news from Feb. 6 - Lanvin’s financial woes dissuades potential investors; British retail remembers Suffragettes movement 100 years on; Gucci to bring Art Wall concept to Hong Kong for spring/summer 2018; Porsche doubles investment into EV advancement; Galeries Lafayette streamlines business model through franchising; Swarovski adds touch of brilliance to app users’ photos.

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News briefs

Tom Ford, the French Alps, Estée Lauder and Tokyo – News briefs

Today in luxury - Tom Ford’s New York days; Are luxury American hotels spoiling the ambience of the French Alps?; Estée Lauder fights short attention spans in online makeover; Luxury brands revamp Tokyo stores to cash in on spending spree.

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Advertising

6 developments set to transform digital advertising

Fueled by a plethora of technological advances and a shift in the ways that consumers are consuming content, there are an extraordinary amount of opportunities – albeit not without challenges – for reaching a larger base.

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