Luxury Daily’s live news from Dec. 7 – Nordstrom shows sense of humor by embracing viral confusion; Tod’s boosts CSR through youth training initiative; Condé Nast adds new perspective to executive committee with internal hire; Jaeger-LeCoultre opens up inner workings during Reddit AMA.
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.
Millennials – now the United States’ largest generation and imminently the future consumers of luxury products and services – are now encountering financial issues and challenges that the Gen-Xers and baby boomers never encountered when they were young adults.
Marketers of communications services face a paradox: while a big chunk of millennials place a high value on their phone, pay television and home Internet, an even bigger chunk is thumbs-down on the services.
Italian fashion label Tod’s is giving back with a collection that uses accessory production as a means of rehabilitation.
Swiss watchmaker Jaeger-LeCoultre is responding to the growing need for transparency in luxury with an Ask Me Anything Session on Reddit.
H.R. Owen, a British automotive dealer group retailing marques such as Bentley and Bugatti, is easing stress this holiday season by driving shoppers in style.
Condé Nast International is shaking up its executive committee, adding a new voice to its leadership as it courts media innovation.
Department store chain Nordstrom is showing it is in on the joke as one of its gift ideas went viral thanks to a social media frenzy.
NEW YORK – Six in 10 affluent consumers believe that luxury’s definition has changed in the last five years, according to a survey conducted by Ipsos.