| | Research Luxury business to contract by 20-35pc this year: Bain update  |  The luxury market is likely to contract 20-35 percent this year, as the COVID-19 pandemic has shut down the world and brought business across luxury sectors to a halt, according to an updated Bain & Company report. Entire
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| Women in Luxury Women in Luxury 2020 New York conference moved to Wednesday, July 8 FREE |  Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, July 8 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics, Luxury Portfolio International and LVMH's Starboard Cruise Services. Entire
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| Jewelry Bulgari debuts new men’s watch inspired by global cities |  Italian jeweler Bulgari has debuted a new collection of Bulgari Bulgari men’s watches inspired by iconic cities around the world in a move to offer a lower-priced piece during a time of global recession. Entire
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 | Strategy Webinar on May 13: China Luxury Rebound: Lessons for Other Markets FREE |  China is key to luxury's return to growth after the COVID-19 lockdowns evaporated sales worldwide. What lessons can luxury marketers learn from China's response to the pandemic? Is there a new playbook for luxury and what are its rules? To find out, please register for Luxury Daily's free webinar with Agility Research & Strategy on Wednesday, May 13 at 11 a.m. to noon ET (New York time). Entire
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| Retail Birkin bags as currency during COVID-19 |  Birkin bags are the backbone of Hermès’ overall sales, bringing in more than 50 percent of the brand’s revenue. Entire
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| Strategy Subscribe now: Full access to 90,000+ articles, reports, videos and images FREE |  We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world's leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies. Entire
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| News briefs ANA, in-store concerns, Mytheresa, Leonard A. Lauder and May 13 China webinar |  Luxury Daily's live news: US advertiser lobby ANA drafts new media buyer’s guide for picking data providers; Women, boomers feel less safe in store dressing rooms, testing beauty products and working with sales staff: study; German online retailer Mytheresa raises $378K for Red Cross COVID-19 efforts; Beauty marketer Leonard A. Lauder to spill it all in upcoming autobiography; Webinar on May 13: China Luxury Rebound: Lessons for Other Markets. Entire
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| Travel and hospitality Return trip: How the travel and tourism industry can recover from COVID-19 |  I suspect that this period of sluggishness and apprehension will be short-lived and that, with proper precautions and strictly following advice set by global health leaders, the travel industry can bounce back within 12 months. Entire
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