Luxury Daily, November 7, 2017 – Gucci dominates online as millennials infiltrate the market

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November 7, 2017

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Retail

Gucci dominates online as millennials infiltrate the market

Millennials' stronghold on the luxury consumer segment is estimated to continue, with the demographic taking up almost half the market share by 2025, according to L2.

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Strategy

Subscribe now: $12 for 12 weeks FREE

Never miss a luxury moment. Access the latest luxury business news and analysis, marketing and retail campaigns, features, special reports and live coverage during business hours. Check the $12 for 12 weeks offer for 22 percent off the annual subscription price.

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Luxury FirstLook

Announcing Luxury FirstLook 2018: Exclusivity Redefined, New York, Jan. 17 FREE

Register now for the nation's premier conference focused on how the luxury business will have to evolve in 2018 as the notion of exclusivity through product, distribution, marketing and experience is challenged. Event on Jan. 17 in New York. Speaker list, agenda and registration link in article.

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Jewelry

Mikimoto dispels empowering advice in influencer portrait series

Japanese jeweler Mikimoto is sharing its pearls of wisdom through a film series highlighting the originality and perspective of seven influential women.

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Webinars

Webinar on Dec. 6: Luxury Outlook 2018: Up, Down or Flat?

Please register for the free annual webinar at 2 p.m. to 3 p.m. ET on Wednesday, Dec. 6: “Luxury Outlook 2018: Up, Down or Flat?” Panelists include experts from the luxury business.

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Fragrance and personal care

Sephora puts focus on real peoples’ individual style FREE

LVMH-owned beauty retailer Sephora is celebrating how an interest in beauty brings all kinds of individuals together, no matter their interests, for this year’s holidays.

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Automotive

Audi reports live on the scene for the holiday season’s arrival

German automaker Audi is ushering in winter with its recurring "Season of Audi" campaign to establish that the holiday season is coming up soon.

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Strategy

Store of the future – Luxury Memo special report

The purpose of the traditional bricks-and-mortar store is changing, with a variety of themes pushing the physical retailer into a future vastly different from its traditional roots.

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News briefs

Saks, Michael Kors, Parfums Mugler, Mouawad and The Luxury Collection – Live news

Luxury Daily's live news from Nov. 6 - Saks takes animated approach for holiday windows; Michael Kors’ total revenue up 5.4pc as strategic plan executed; Parfums Mugler aims to pioneer fragrance via sustainability efforts; Mouawad uses 6K diamonds, gemstones to create $2M Fantasy Bra; Luxury Collection’s Australia entrance to strengthen Marriott's regional push.

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News briefs

Ferragamo, Dior, Perigord truffles and electric vehicles – News briefs

Today in luxury - Finding Ferragamo's new direction; First luxury Perigord truffle is cultivated in Britain; Electric car sales reflect consumers’ internal struggle between practicality and luxury; Maria Grazia Chiuri: "Dior has to be about female empowerment."

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Columns

Learnings from China’s Golden Week and how to prep for next year

For Mainland Chinese consumers, it really is what shopping is all about – they want to be taken on a journey, told a story. An impressive array of stores is no longer enough.

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