Lagos, Nigeria and Mumbai, India are poised to become major players in the luxury world, according to a new report by commercial real estate services adviser CBRE.
The total aggregate spend for gifts this holiday season is expected to reach $75.3 billion, a 5.5 percent increase from the year-ago, according to a new survey by Time Inc. and YouGov.
Media company Modern Luxury is expanding its regional coverage in the United States with a title dedicated to the lifestyle of Silicon Valley, CA’s affluent residents.
The shift to mobile picks up speed in 2016 as consumers look for contextual, integrated experiences, setting the stage for deeper assimilation by businesses and major acquisitions, according to new predictions from Forrester Research.
Luxury Daily's live news updates from Nov. 23 - Tod’s acquires Roger Vivier for $440M; Farfetch eases holiday purchases with shoppable window displays; Ferrari moves further toward independence from Fiat Chrysler; Mandarin Oriental taps Mayo Clinic expertise for wellness clinics.
Today in luxury marketing - UK luxury sector targeted over money laundering; Watch brands find growth in the women's market; Saks Mexico adds 15 luxury shops, plans third store; How to fly free forever: Put $170M on your AmEx.
Luxury Daily is inviting nominations for the most prestigious luxury awards handed out annually: Luxury Marketer of the Year, Luxury Retailer of the Year, Luxury Agency of the Year, Luxury Publisher of the Year and Luxury Researcher of the Year.
Even though app usage is incredibly strong, conversion rates through that mobile channel remain weak. Forrester Research reports that “most retailers say their mobile Web sales continue to outweigh their app sales.”
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