Luxury Daily

Strategy

Subscribe now: $12 for 12 weeks

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.

Share on FacebookShare on LinkedInShare on Twitter

 

The China Report: Innovation in Luxury

This special report, in collaboration with Jing Daily, is a gift from Luxury Daily to its loyal paid subscribers for their continuing support. China is the beating heart of the global luxury market. Most luxury marketers have their eyes and ears tuned to the likes and evolving tastes of Chinese customers buying luxury goods and services domestically and overseas. Here is a thorough examination of the state of innovation in China’s luxury market.

Share on FacebookShare on LinkedInShare on Twitter

 
Apparel and accessories
Ralph Lauren reports earnings gain in fiscal Q4

U.S. fashion company Ralph Lauren reported a surprise earnings gain in the fourth quarter after it saw a loss the previous year.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Louis Vuitton renews relationship with Nicolas Ghesquière

French fashion label Louis Vuitton is continuing its relationship with its women’s artistic director, who has supported what the brand calls unprecedented growth.

Share on FacebookShare on LinkedInShare on Twitter
Legal and privacy
We have updated our privacy policy

We are reaching out to let you know that we have updated our privacy policy to incorporate the new European Union General Data Protection Regulation (“EU GDPR”).

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Humans of Fashion Foundation aims for safer fashion industry via connection

VENICE, Italy – The entire fashion ecosystem should work together to combat abuse and harassment in the industry.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Fashion sells dreams, not dresses: Paul Surridge

VENICE, Italy – Luxury fashion is missing an element of aspiration as it focuses on trying to speed up to meet demand for instant gratification, according to the creative director of Roberto Cavalli.

Share on FacebookShare on LinkedInShare on Twitter
Retail
In luxury, changing consumer habits are of paramount concern

VENICE, Italy – Of the many disruptions to the overall luxury business, none are more directly important than the changing ways that luxury consumers shop.

Share on FacebookShare on LinkedInShare on Twitter
Apparel and accessories
Rimowa CEO: Luxury needs to balance adaptation, staying true to roots

VENICE, Italy – According to the CEO of Rimowa, the term “luxury” is focused too much on price point, making “high-quality” a more accurate adjective.

Share on FacebookShare on LinkedInShare on Twitter
Marketing
Luxury valuation is at peak, but investors must be wary of uncertainties

VENICE, Italy – Today’s luxury business is in a state of upheaval, but for investors, the market is ripe with opportunity.

Share on FacebookShare on LinkedInShare on Twitter
Marketing
Big ideas, not big budgets, make great luxury advertising: Giovanna Battaglia Engelbert

VENICE, Italy – Influencers are a major new factor in the world of luxury, but luxury brands need to understand that the number of followers an influencer has is less important than the makeup of that audience.

Share on FacebookShare on LinkedInShare on Twitter
Research
Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders

The rise of the digital economy simultaneously poses the biggest challenge and growth opportunity to the luxury business, according to the newly released “State of Luxury 2018: The Insider View” report from Luxury Daily and Unity Marketing that surveyed 599 decision-making luxury industry insiders. More details in article on how to buy or get the report free with a new annual subscription.

Share on FacebookShare on LinkedInShare on Twitter
Strategy
Subscribe now: $12 for 12 weeks

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.

Share on FacebookShare on LinkedInShare on Twitter
Classic Guides
The China Report: Innovation in Luxury

This special report, in collaboration with Jing Daily, is a gift from Luxury Daily to its loyal paid subscribers for their continuing support. China is the beating heart of the global luxury market. Most luxury marketers have their eyes and ears tuned to the likes and evolving tastes of Chinese customers buying luxury goods and services domestically and overseas. Here is a thorough examination of the state of innovation in China’s luxury market.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
Stuart Weitzman, Sephora, Ferragamo, Jaguar Land Rover, Saks and Erdem Moralioglu – Live news

Luxury Daily’s live news from May 22 – Stuart Weitzman lets creative director go, shortly after CEO; Sephora looks to build confidence in the transgender community; Ferragamo debuts first bag design under new creative director; Jaguar Land Rover pleads with British government for straight-forward emissions policy; Saks Fifth Avenue jewelry department joins beauty on second floor; Erdem Moralioglu: Not overextending key to growth.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
Barneys, Alibaba, BMW, Mercedes and luxury residences – News briefs

Today in luxury – Future of Barneys on Madison Avenue expected to be decided soon; Alibaba’s anti-counterfeiting efforts appear to pay off; BMW and Mercedes say thank you to Donald Trump; Five-star living: luxury branded residences are hot properties to own.

Share on FacebookShare on LinkedInShare on Twitter
Q&A
Price no longer major factor in how consumers define luxury: Souler cofounder

With influencers accounting for 10 percent of decisions about luxury purchases – per a Boston Consulting Group study with Italian luxury trade group Altagamma – and with this lever expected to grow, Driscoll Advisors principal Marie Driscoll goes to the source and speaks with Souler cofounder Andrea Tobin about this expanding new media and marketplace.

Share on FacebookShare on LinkedInShare on Twitter
News briefs
Day’s wrap: Stuart Weitzman, Sephora, Ferragamo, Jaguar Land Rover, Saks and Erdem Moralioglu

Luxury Daily’s live news from May 22 – Stuart Weitzman lets creative director go, shortly after CEO; Sephora looks to build confidence in the transgender community; Ferragamo debuts first bag design under new creative director; Jaguar Land Rover pleads with British government for straight-forward emissions policy; Saks Fifth Avenue jewelry department joins beauty on second floor; Erdem Moralioglu: Not overextending key to growth.

Share on FacebookShare on LinkedInShare on Twitter
Jewelry
Saks Fifth Avenue jewelry department joins beauty on second floor

Department store Saks Fifth Avenue is acting on its belief in a strong future for the jewelry sector with a flagship renovation.

Share on FacebookShare on LinkedInShare on Twitter
Automotive
Jaguar Land Rover pleads with British government for straight-forward emissions policy

British automaker Jaguar Land Rover has issued a public statement to the government, urging it to be clear with emissions policy language.

Share on FacebookShare on LinkedInShare on Twitter
More Stories

QUOTE OF THE DAY

“Travel has become a necessity, it's not a luxury anymore.”

Tina Edmundson, global brand officer and luxury portfolio leader at Marriott International, in  Gen Z desires authenticity, unique experiences from luxury brands
Luxury brands must start investing in Gen Z – now
By

As their wallets start to catch up to the magnitude of their influence, luxury brands need to pay attention and invest in Gen Z.

Share on FacebookShare on LinkedInShare on Twitter
The circular economy in luxury: The new consumerism
By

The circular economy in luxury is a concept of reviving the essence of luxury with its long-established emphasis on rarity, reflective buying, restoration, longevity, endurance, handcraftsmanship and consideration for people and planet.

Share on FacebookShare on LinkedInShare on Twitter
Inviting opinion pieces on luxury issues, marketing, retail and media
By

Luxury Daily is inviting opinion pieces on luxury business, advertising, marketing, media and retail issues that affect marketers as they run multichannel programs for branding as well as customer acquisition, retention and reactivation.

Share on FacebookShare on LinkedInShare on Twitter
Analyzing shrinkage and theft in bricks-and-mortar stores
By

Jewelry, designer apparel and handbags were a few of the top most stolen items in 2017, according to the National Retail Federation’s 2017 Organized Retail Crime survey.

Share on FacebookShare on LinkedInShare on Twitter
More Columns