Luxury Daily, May 25, 2023 – Online apparel purchase returns to cost US retailers $38B in 2023: Coresight
| | Apparel and accessories Online apparel purchase returns to cost US retailers $38B in 2023: Coresight  |  As shoppers increasingly rely on ecommerce channels, a new report explores the steps brands can take to reduce the hits that sending orders back can have on revenue. Entire
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| Apparel and accessories Prada, Adidas push footwear forward with first-time collection |  While joint efforts in the sporting shoe world are not uncommon, one between the luxury brand and its high-performance partner is unprecedented. Entire
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| Travel and hospitality With culinary presentation, Taj Hotels prioritizes cultural preservation |  The hospitality group’s latest campaign honors the work of company chefs who are breaking down barriers throughout India's fine dining scene. 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 LVMH, Chloé, Porsche, Artnet and Don Julio FREE |  Luxury Daily's live news: LVMH elevates Sephora executive to top digital role; Chloé, Vestiaire Collective resale channel now live; Porsche launches ‘Digital Campus’ concept; Artnet’s latest announcement allows buyers to borrow against value of Birkin; Don Julio celebrates tequila, topography in new collaboration. Entire
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| Columns How to build trust and bring luxury to jewelry ecommerce FREE |  Brands and retailers understand that they must deliver the same premium experience online that shoppers would get in a physical store to capture loyalty. Entire
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| Columns How luxury retailers can stand out in a world of imitations FREE |  How can brands now differentiate authentic purchases from these near-mirror images and make their authentic offerings more appealing, and justify the price premium of going legitimate? Entire
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