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Luxury Daily’s live news: Richemont launches global theft prevention database in fight against luxury jewelry loss; Emirates host cabin crew, ground staff trainings for World Autism Day; Ferrari supports Italian youth with latest iteration of reforestation project; Macy’s CEO announces succession plan after four decades with department store.
We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.
Luxury Daily’s live news: HNW investors will stay the course, for now, survey finds; Fendi refurbishes rooms in Villa Medici with help from international designers; The RealReal adds new customer service features powered by Salesforce; US News lends Lexus ‘Best Luxury Hybrid’ title for 2023.
The reasons for the shake-up include making individual businesses run smoother and speeding up decision-making, while also easing pressure on the group’s founder, Jack Ma — despite his having retired from the company in 2019.
Luxury Daily’s live news: HNW investors will stay the course, for now, survey finds; Fendi refurbishes rooms in Villa Medici with help from international designers; The RealReal adds new customer service features powered by Salesforce; US News lends Lexus ‘Best Luxury Hybrid’ title for 2023.
Toyota Corp.’s Lexus has topped yet another best-of list.
The top-income earners’ lifestyles are generally shielded from the economy’s ups and downs, yet their financial status – their wealth – is not.
Luxury resale platform The RealReal has added several new dimensions to its customer and seller service platform, further enhancing personalization in an effort to create a seamless retail experience.
Italian fashion house Fendi has given a contemporary new look to a famous 17th-century palazzo in its native Rome.
New content traces Monsieur Dior’s “Plan de Paris” map sketches through time, as cutting-edge technologies aid in the production of an updated pattern.
According to Henley & Partners’ Africa Wealth Report 2023, the continent’s millionaire population is expected to rise by 42 percent in the next 10 years.
Through virtual gamification and engaging storytelling, the brand is showing off the value that artificial intelligence offers online shoppers.
Arriving during Ramadan, an attempt to fuse house codes and Arabian influences has culminated in a ready-to-wear collection featuring hijabi women in bold hues.
We invite you to subscribe to Luxury Daily and join the ranks of the smartest luxury marketers worldwide. Our subscribers include decision-makers and executives from the world’s leading luxury brands, retailers, agencies, publishers, market researchers, universities and consultancies.
Luxury Daily’s live news: Veuve Clicquot sets sail on inaugural journey along the Baltic Sea; Cartier invites public behind the scenes as part of European heritage event; Zegna names Emmy-nominated actor as global ambassador to its luxury leisure shoe line; FIT shines spotlight on Latinx designers in latest fashion retrospective.
From Gucci to Coach, luxury brands are foraying into the second-hand market to cater to the shifting demands of young shoppers.
Luxury Daily’s live news: Veuve Clicquot sets sail on inaugural journey along the Baltic Sea; Cartier invites public behind the scenes as part of European heritage event; Zegna names Emmy-nominated actor as global ambassador to its luxury leisure shoe line; FIT shines spotlight on Latinx designers in latest fashion retrospective.
LVMH-owned Champagne maker Veuve Clicquot is inviting visitors on a journey of discovery that reaches the depths of the ocean.
The Museum at the Fashion Institute of Technology is spotlighting the contributions made by Latin American and Latinx designers to contemporary fashion.
“LVMH appears to have an insatiable appetite for brand acquisition.”
Rebecca Miller, founder/CEO of ARTful Communication, in LVMH asserts luxury dominance with latest acquisitionsA majority of affluent consumers are signaling that they will maintain their current levels of luxury spending, and one-fourth even said they expected it to increase over the next 12 months.
Now that China has lifted the remaining COVID restrictions and reopened its borders, we may see another wave of revenge buying drive global luxury sales, and influencers will be in the driver’s seat.
A simple look at Silicon Valley Bank’s internal investments paints a picture of a bank that put too many eggs in the proverbial basket.
There are some major developments that retailers are watching from the United States’ National Labor Relations Board in the coming months.