When the Apple iPhone 7 launched in September many of the consumers standing on line to be the first of their peers to own the brand’s latest smartphone were also frequent luxury apparel shoppers.
As Amazon continues to threaten department stores, luxury retailers are fighting back by intertwining purchasing options with editorial content, according to a new report from L2.
The total wealth held by international billionaires was affected by external factors in 2015, decreasing to $5.1 trillion from $5.4 trillion, according to a new report by UBS and PwC.
Even with the rise of digital channels, frontline sales staff are far from obsolete, according to results of a survey conducted by InMoment.
Affluent millennials are paving the way for a new way of earning, with less than half of the demographic completing post-graduate degrees compared to wealthy baby boomers.
Retailers are increasingly in tune with consumers’ expectations of personalized, seamless experiences across channels, with 56 percent of brands citing this as a top digital priority going forward, according to a new report by Boston Retail Partners.
In the last 10 years, the number of ultra-high-net-worth individuals residing in Monaco has risen 62 percent, according to new research from Knight Frank.
On average, luxury brands’ value rose 10 percent this year, as a number of houses hit the reset button, according to Interbrand’s Top Best Global Brands 2016 list.
There has been a significant increase in international housing prices within the past year, and urban cities are leading ahead of national standards, according to Knight Frank.
With a market size of $570 billion and annual revenues of $333.4 billion, the menswear category is expected to grow at a constant rate of 2-3 percent a year, according to a new report by Fashionbi.