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Gucci Shopper (by 
Jarred Grabois, unsplash.com)

Gucci Is Leaving Louis Vuitton in the Dust Online

Among its luxury competitive cohort, Gucci is killing it online. Gucci was just named one of the three 2017 Momentum Award winners by SimilarWeb in the retail category, the only luxury brand to be so recognized. Gucci joins Uniqlo.com and Stitchfix.com as leaders in the online world of retail, based on the company’s algorithm measuring online traffic […]

Luxury Shoppers

Luxury Industry Insiders Predict Growth for the Industry, and their Companies, in 2018

The industry’s biggest challenges and opportunities for luxury brands revealed A new survey among 600 luxury industry executives and companies that support the luxury industry in marketing, advertising and technology strategies found that the industry’s biggest challenges and opportunities for growth revolve around the same trend: the rise of the digital economy. “The digital revolution […]

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Coty vs. Amazon luxury distribution court ruling in Europe

Luxury on Amazon? Coty Wins Battle, Amazon Will Win the War

Many in the luxury industry cheered after the recent ruling by Europe’s top court that Coty and other luxury brands could prohibit retailers and distributors from selling products on a third-party internet platform such as Amazon and eBay. The European Court of Justice ruling came as a result of case referred by a German court where Coty […]

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Gucci Shopper (by 
Jarred Grabois, unsplash.com)

How Gucci Cracked the Millennial Code of Luxury

Kering, the global luxury group with brands including Bottega Veneta, Saint Laurent, Balenciaga, Brioni, Stella McCartney and others, is going gangbusters this year, with first three quarter 2017 revenues up 26.4% on reported basis over last year. Even in North America, which has been slow to advance for most luxury brands, posted a 20.7% uptick […]

Tiffany & Co store window (by David Cohen, unsplash.com)

Millennial State of Mind Is Bringing New Life To Luxury Market

Bain & Company just released its predictions for the luxury market in 2017. It expects the overall luxury market, including both luxury goods and experiences, to post 5% growth this year to reach €1.2 trillion globally. After what it calls a “reboot” from 2015-2016, it sees the luxury market reaching a “new normal” of 4-5% annual […]

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