On average, the supply chain accounts for half of the typical corporation’s carbon emissions, according to a report by French luxury conglomerate Kering and non-profit consultancy BSR.
As suggested by Bain & Co.’s most recent research, it is a complicated time to be in luxury, as brands are faced with changing technologies, market disruptions and evolving consumer behavior.
LVMH-owned Sephora's newest retail concept is a bricks-and-mortar connected boutique that creates a disruptive shopping experience via interactive in-store tablets, phone-charging stations and a selfie mirror.
Luxury Daily's live news from Nov. 4 - Fendi shows gratitude to Rome, unveils restored Trevi Fountain; Condominium prices continue to rise as New York real estate evolves; Neiman Marcus drives lookbook conversions via shoppable enrichment; Tensions continue at Lanvin in wake of Alber Elbaz’s resignation.
Today in luxury marketing - Oscar de la Renta denies PETA claims; Michael Kors profit and revenue beats estimates, shares surge; Burberry to unify brands under one label in bid to boost appeal; BMW adds to lead in US luxury race, as Mercedes slips and Lexus fades.
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