Musicians, who young consumers see as leaders in authenticity, are now launching lifestyle brands, such as Rihanna with Fenty and Pharrell Williams with his Billionaire Boys Club. Image credit: Fenty Beauty by Rihanna Why your luxury brand needs social currency to survive
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Marketing | No Comments
Musicians, who young consumers see as leaders in authenticity, are now launching lifestyle brands, such as Rihanna with Fenty and Pharrell Williams with his Billionaire Boys Club. Image credit: Fenty Beauty by Rihanna {"ct":"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","iv":"b72afe8ebfb46838005b8df143587461","s":"999cc70c7622a40d"}