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Versace CEO: Internet investment more important than Chinese market sales

June 10, 2015

Karlie Kloss models for Versace's new campaign; Versace has attracted millennials with its social media marketing Karlie Kloss models for Versace's new campaign; Versace has attracted millennials with its social media marketing

 

By Sarah Jones

MONTE-CARLO, Monaco – As China’s contribution to luxury growth is flattening, the luxury industry should be looking online to reap more development opportunities, according to panelists at the Financial Times' Business of Luxury Summit June 9.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Estée Lauder Cos., Jo Malone launch AI scent advisor
  4. WatchBox looks for growth in editorial integration
  5. Dior builds five-story statement flagship in Beijing
  6. Kering to acquire jewelry manufacturer Raselli Franco Group
  7. Savannah College of Art and Design debuts SCAD LUXE research center
  8. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  9. Luxury Women to Watch 2017
  10. Burberry bans exotic skins
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