"This new mind-set has important implications for luxury brands. "It requires that they think about their product offering from a more global perspective, with the concept of seasons, a key pillar of this industry, becoming increasingly obsolete." The …
Behind the glamour and gloss, however, there was discernible anxiety that the mighty Chinese consumer, responsible for one third of luxury goods and fashion sales, is not living up to expectation as a consumer of fashion and bling – and could even be …
Using this process, a number of top-tier luxury brands have doubled, or tripled, the accurate collection of critical client data, and have significantly increased client conversion and retention rates. Luxury Institute has worked with the top brands of …
French luxury firm LVMH did not put a figure on the effects of the protests but did say they would have an impact on its quarterly results. "We have already noted some negative impact on activity in duty free shops in the third-quarter," said group …
In this sector, brands traditionally relied on creating a perception of distance between themselves and their customers – the brand dream. With new powerful tools aiming to connect people with people, or people with brands, luxury brands have no choice …
These are top-line findings from Bain & Company, the world's leading advisor to the global luxury goods industry, in the 13th edition of the “Luxury Goods Worldwide Market Monitor” released in Milan in collaboration with Fondazione Altagamma, the …
Slowing economic growth in China, along with a clampdown on lavish spending by government officials, is crippling luxury goods firms that are used to viewing the growing pool of wealthy and brand-conscious consumers in the world's number two economy …
Her Majesty's High Court of Justice has served as the stage for several high-profile cases in recent years that've resulted in UK ISPs being forced to block certain nefarious websites. Typically, these have involved entertainment giants that want to …
PARIS – Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand – Asia is no longer a market of constant growth for luxury goods firms. Even sales of luxury goods in Singapore have been hit. LVMH, world No.