Luxury Daily, June 29, 2017 – Number of UHNWIs worldwide will continue to rebound: Wealth-X

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June 29, 2017

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Marketing

Number of UHNWIs worldwide will continue to rebound: Wealth-X

The population of ultra-high-net worth individuals all over the world is growing after a significant decline in 2015, according to new findings from Wealth-X.

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Strategy

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Apparel and accessories

Gucci, Balenciaga face backlash over allegations of stealing designs

Big fashion houses are accustomed to knock-offs and cheap counterfeits floating around, but when the tables are turned and designer labels are the ones accused of plagiarism, the issue becomes more complicated.

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Retail

Online retail routinely sacrifices loading speed for features, potentially losing customers

In their efforts to make ecommerce as feature-packed as possible, retailers may be sacrificing a key statistic of the shopping experience: load times.

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Apparel and accessories

Elie Saab’s #GirlOfNow raises awareness for women in the workplace FREE

Lebanese fashion house Elie Saab is celebrating entrepreneurial women with a new video campaign called #GirlOfNow.

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Travel and hospitality

Trump’s polarizing name continues to cause problems for namesake hotels

Hospitality brand Trump International is continuing to see an impact from the president of the United States' polarizing name.

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News briefs

Ferragamo, Prada, Condé Nast Britain, Gucci, Rolls-Royce and Dior – Live news

Luxury Daily's live news from June 28 - Ferragamo reaffirms sustainability commitment with actionable efforts; Prada’s paper clip-shaped accessory sells out at Barneys; Tatler, Vanity Fair combine commercial staff to better engage HNWs; Gucci weaves fairy tale to tell of fine jewelry collection’s origin; Rolls-Royce adds Dawn to Black Badge commission line-up; Dior evokes united individualism for fall/winter 2017-2018 campaign.

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News briefs

Chanel, Four Seasons, Burberry and Aquazzura – News briefs

Today in luxury - Chanel scores win against Amazon sellers in counterfeit fight; No time for golf as Four Seasons founder Sharp eyes expansion; Burberry comes under pay pressure from investors; Judge orders Ivanka Trump to testify in footwear trademark infringement lawsuit brought By Aquazzura.

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Columns

Luxury brands, cheap domains: Why retailers are losing the fight against online impostors

According to the International Trademark Association, more than $460 billion of counterfeit goods were bought and sold last year, mostly online. And the problem does not end with phony goods – sometimes luxury names are used as lures for other kinds of crime, such as credit card theft, with or without delivery of faux items.

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