Millennials are driving interest in luxury health, wellness efforts: Euromonitor
NEW YORK – Luxury marketing's shift toward millennials, as well as ethical and sustainable living, is creating a space for high-end wellness brands and experiences to flourish.
View ArticleRichemont seeks remaining 51pc of YNAP shares
Luxury goods conglomerate Richemont is offering Yoox Net-A-Porter Group up to 2.77 billion euros to become its sole owner.
View ArticleFood, beverage and experiential luxury: Luxury Memo special report
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
View ArticleFood, beverage and experiential luxury: Luxury Memo special report
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
View ArticleFood, beverage and experiential luxury: Luxury Memo special report
From fine wines and caviar to Michelin-starred restaurants and high-profile chefs, the luxury food and beverage sector has become increasingly tied to experiential trends.
View ArticleHow would proposed US tariffs affect the luxury business?
President Donald Trump is looking to impose tariffs on steel and aluminum entering the United States, in a move that many expect to ignite a trade war with other nations.
View ArticleBurberry sees profit growth in midst of leadership changes
British fashion house Burberry’s profits have grown significantly in the last year as the brand continues its re-energizing streak.
View ArticleHealth, personalization will be most important in 2018 beauty launches: report
The majority of cosmetics executives believe that health-inspired beauty along with personalization and digital engagement will be driving themes in the industry this year.
View ArticleLuxury brands need to capitalize on growth in men’s makeup
Luxury cosmetics labels are beginning to pay more attention to male consumers, as sales of men’s grooming products continue to grow.
View ArticleLuxury shifting from material goods to mindfulness: Euromonitor
A new class of affluent consumers means luxury sectors are experiencing several changes, including growing appreciation for experiences rather than goods, amid a period of strong growth.
View ArticlePersonalization, omnichannel key to reaching discerning HNWIs
Wealthy individuals represent a powerful, global economic force, but they can be a difficult audience for brands to target due to their busy lifestyles and elevated expectations.
View ArticleBrands need to anticipate shift in luxury landscape
NEW YORK - Despite luxury marketers' worries about the turmoil with China, the consumption of luxury goods from this region as well as on a global level is not likely to slow down.
View ArticleIndependence, intelligence driving consumer behavior in 2019
Consumers today have more options and tools at their disposal to make decisions, leading to more empowered, knowledgeable choices.
View ArticleEducation, ethics key for home brands seeking millennial consumers
Millennial consumers are shaking up the home industry by delaying ownership, shopping digitally and sourcing sustainably-minded goods, according to analysts from Euromonitor.
View ArticlePolitics, connectivity shaping global travel: Euromonitor
As global travel continues to grow, “megatrends” such as connectivity, sustainability and engaging experiences are shaping tourism across borders.
View ArticleRoberto Cavalli, Omni Hotels, Montblanc, Louis Vuitton, global travel and...
Luxury Daily's live news from April 1 - Roberto Cavalli closes all US stores as it files for Chapter 7; Omni Hotels caters to kids with adventurous tastes; Montblanc reconnects with nature in new...
View ArticleSustainability influencing today’s experience-first luxury business
With global luxury sales on the rise, sustainability is also shaping the business in more meaningful ways.
View ArticlePrestige beauty positioning expands beyond price tag: Euromonitor
Premium and luxury beauty brands are facing growing competition from mass players, since the messaging that resonates with consumers is more than skin deep.
View ArticleConsumers willing to pay premium for convenience: Euromonitor
Consumers across all income levels are time poor, leading to a rise in services that help them simplify and speed up tasks such as shopping.
View ArticleConsumers moving from conspicuous to conscious consumption: Euromonitor
By 2030, 53 percent of all global spending will be allocated towards services rather than goods, as consumers’ aspirations shift away from accumulating material possessions towards achieving simplicity.
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