NEW YORK – An executive for Virtuoso at the Luxury Interactive 2013 conference said that 10 percent of its customers drive 54 percent of its sales, while 20 percent of its customers generate 71 percent of its sales.
Today in luxury marketing – Sotheby’s to sell Moët & Chandon Champagne from WWI era; Lamborghini bullish on US and India as crackdown hits China sales; Moncler CEO says climate could be right for IPO; It is official: Chanel is the coolest fashion brand
If you know a smart woman in luxury advertising, marketing, media or retail who’s set to go places, please nominate her for Luxury Daily’s Women to Watch 2014. Nominations accepted through Sept. 30.
Deloitte recently found in a survey that 5 percent of in-store purchases were influenced by mobile in 2012 and this figure is expected to grow to 20 percent by 2016. Are you prepared for the shift?
Neiman Marcus is introducing fashion and music-inspired activities Sept. 26-29 into its CUSP departments across the United States to boost and maintain the in-store presence of younger consumers.
NEW YORK – A senior Gucci executive at the Luxury Retail Summit: Holiday Focus 2013 last week said that video is an area that still holds untapped potential for luxury brands and should be explored during the holiday season.
Please register now for the free hour-long webinar on Wednesday, Sept. 25 at 2 p.m. on how luxury marketers and retailers must craft holiday marketing strategy in an omnichannel, multigenerational and highly promotional environment.
NEW YORK – A senior executive from Estée Lauder Cos.’ La Mer label at the Luxury Retail Summit: Holiday Focus 2013 last week emphasized that the consumer’s experience is the primary focus of the personal care brand’s strategy during the holiday season.
Dorchester Group Limited acquired the Hotel Eden, Rome from Starman Hotels Sept. 18 to further bolster its presence in Europe and secure a location in this prominent travel destination.
