For years Apple has been way out front in imagining the possibilities of new retail experiences. Now with its ‘Today at Apple’ program, recently launched worldwide, this information-age leader is evolving at the forefront of imagination retail, the essential step in transforming retail from a product-based (i.e. selling Apple computers and iPhones) to a people-based […]
Archive by Author
Luxury Market Prospects for 2017? Keep Your Expectations Low!
Luxury brand executives must be breathing a sigh of relief after reading the recent headlines from Bain & Company that the luxury goods market is predicted to grow 2-4% in 2017. Claudia D’Arpizio, a Bain partner and author of the new study, is quoted by the New York Times in a eye-grabbing headline, “Luxury Goods Market […]
Tiffany Sales Tumble in U.S.: Prospects for Growth
Tiffany & Co. just reported results for first quarter ending April 30, 2017. While worldwide sales rose 1% YoY, sales in the Americas were down 3% and comparable store sales dropped by 4%. These results compare unfavorably to the U.S. retail jewelry market overall, which rose 1% for the first three months of 2017, as […]
Naadam: A New DAVID Brand That High-Earning Millennials Love
A brand “bromance” is brewing in the luxury market between new e-commerce-driven companies that Marvin Traub Associates has called the “New Davids” and the affluent young HENRYs (high-earners-not-rich-yet). In a new report from TRAUB, the “New Davids” are defined as: These curated 200 are the brands to watch because they attract the attention and loyalty of […]
Kate Spade and Jimmy Choo: What’s a Luxury Brand Worth That ‘Ain’t Got No Soul’?
I confess, Led Zeppelin is one of my favorite bands and ‘Black Dog’ is one of my play favorites. It’s filled with such classic-rock lines like: “I don’t know, but I been told, A big legged woman ain’t got no soul.” Which makes me think about the acquisition market for luxury brands. Well, not all […]