This third annual State of Luxury report by Luxury Daily and Unity Marketing reveals:Trends measuring the pulse of the luxury business from three years of consecutive surveys among ~600 luxury insiders from the luxury goods, services/experiences sectors and companies that provide advertising, marketing, consulting and other support services to luxury companiesHow insiders feel about the state of the luxury market in […]
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RSS feed for this sectionPayless ShoeSource Fakes Luxury and Proves Perception Is Reality
Payless ShoeSource recently carried out a marketing prank on a select group of social media influencers. As expected, it worked like a charm. In the carefully-crafted ruse, the influencers were invited to a private launch party for a new Italian shoe designer Bruno Palessi in a high-end mall in Santa Monica, CA. Accompanied by the […]
LVMH Bets on the Future of Luxury with Belmond Acquisition
On December 14 LVMH announced an agreement to acquire Belmond, the luxury travel and hospitality company formerly known as Orient Express Hotels. Belmond owns, partly owns or manages 36 hotels with a new one in the works for London, one stand-alone restaurant (NYC’s 21 Club), seven tourist trains and two river/canal cruise businesses. In 2017 hotels […]
Don’t Let the Grinch Steal Your Happy New Year
There is no question that retail is having a banner year. Through Oct. 2018, retail and food services, excluding motor vehicles, parts and gas stations, are up 5% over last year. All signs are the year will end way ahead of last. The National Retail Federation predicts Nov. and Dec. retail sales will increase between 4.2-4.8% […]
Pearls Are Ready for a Comeback as the Perfect Gem for Millennials
While the jewelry industry pulls its collective hair out over mined versus man-made diamonds and millennials, it is time to change the conversation and talk about another gem perfectly suited to the next generation luxury jewelry consumers. Pearls are a natural, organic, environmentally-sustaining and virtually-renewable gem. Pearls come in all shapes and colors, play well […]