German automaker Mercedes-Benz is hoping to inspire drivers by helping a one-of-a-kind car lover get behind the wheel for the first time. [Read More...]
Luxury brands spotlight artistic appreciation at Frieze Los Angeles
Contemporary art fair Frieze is descending on Los Angeles for the first time, helping expose galleries and luxury brands to West Coast affluents and art lovers. [Read More...]
Hadid copyright suit raises questions for luxury brands
As celebrities and influencers continue to face legal consequences over copyright infringement, luxury brands must be aware of the repercussions they could face due to improper sharing of intellectual property. [Read More...]
Luxury home prices climb as sales drop: Redfin
Although the average sales price for luxury homes in the United States rose nearly 5 percent in the fourth quarter of 2018, the sales of homes priced at $2 million and above fell year-over-year. [Read More...]
Estée Lauder plays with femininity in cheeky cosmetics campaign
Beauty brand Estée Lauder is launching its new lip care collection with the help of a brand ambassador in a playful new film. [Read More...]
Virtuoso launches digital tool to better connect clients, advisors
High-end hospitality network Virtuoso is empowering its advisors with a new planning platform devoted to clients’ long-term travel goals. [Read More...]
Gucci adds movie magic to its spring campaign
Italian fashion label Gucci is playing up the glitz and glamour of its apparel in a classic Hollywood-themed campaign for its spring/summer 2019 collection. [Read More...]
Revenue share, mobile traffic continue to grow in fashion ecommerce
Revenue in fashion ecommerce continues to increase across devices, despite consumers actually spending less time shopping online through briefer mobile sessions. [Read More...]
Feadship turns to storytelling to stand out on the sea
Feadship Royal Dutch Shipyards is spotlighting storytelling with a new campaign that looks beyond the superyachts the brand creates. [Read More...]
Quality, emotional connections influencing affluents’ purchase decisions
The definition of luxury keeps changing with consumers labeling upscale goods and services as not merely “high-quality” and “expensive,” but also “unique” and “exclusive.” [Read More...]
Jaguar beams ahead with autonomous vehicle research
British automaker Jaguar Land Rover has created a new system that it hopes will increase consumer trust in autonomous vehicles as the development of self-driving cars continues. [Read More...]
New affluent culture centers on freedom, self-expression: Team One
NEW YORK – Although a new wave of wealthy consumers has embraced technology to a greater degree than its predecessors, most are pursuing real experiences, freedom and happiness. [Read More...]
Economic confidence down among Chinese HNWI: Hurun
With China’s economic growth rate slowing to a record low, the number of Chinese ultra-affluents who are “very confident” in the economy dropped more than 10 percent in 2018. [Read More...]
Luxury personalities “living in the future”: Luxury Institute CEO
NEW YORK – Forward-thinking executives and researchers can have a significant impact on the luxury industry as heritage and other high-end brands look to expand their customer base during this competitive era. [Read More...]
Retail as a service is the future: JD.com exec
NEW YORK – As the appetite for luxury goods continues to grow among Chinese consumers, ecommerce brands are setting expectations for future retail experiences around the world. [Read More...]
Luxury stocks stumble after warning from Apple
Luxury brands have seen their stock prices stumble amid concerns that weakening sales of iPhones in China could foreshadow slowed consumer spending in the world’s second largest economy. [Read More...]
Luxury stocks stumble after warning from Apple
Luxury brands have seen their stock prices stumble amid concerns that weakening sales of iPhones in China could foreshadow slowed consumer spending in the world’s second largest economy. [Read More...]
Rising interest rates could contribute to luxury market slowdown
With the Federal Reserve raising interest rates four times in 2018, most recently this December, it is too soon to know how much of an impact this will have on the luxury real estate market. The risk is real. [Read More...]