Luxury brands must redefine the way they do business
Retailers cannot solve the economic slowdown in China by opening more stores. Instead, they should focus on services and experiences
Retailers cannot solve the economic slowdown in China by opening more stores. Instead, they should focus on services and experiences
The Luxury Collection expanding its European portfolio with hotel debuts in Prague, Bodrum, Bratislava and Portopiccolo. With the addition of Augustine in Prague, Caresse Resort & Spa in Bodrum, Falisia Resort & Spa in Portopiccolo, Italy and Grand Hotel River Park in Bratislava to its illustrious portfolio, The Luxury Collection will surpass 100 hotels globally … Read more
As the influence of print diminishes as an advertising medium, how can firms that sell high-end products communicate with their customers in a way that doesn’t compromise their core values?
With technology changing the way we shop so significantly, luxury retailers will have to adapt their approach to stay relevant
Since 2012, Western luxury houses have been going through a slumping phase in their most profitable market China. Gucci has closed stores in second-layer cities across China, Prada has experienced its gloomiest sales in a decade and Swiss watches are struck with the lowest increase in recent years.Moreover, Bain & Company has demonstrated in its newly … Read more
Women’s luxury footwear brand Stuart Weitzman has been acquired by Coach, the New York design house of modern luxury accessories and lifestyle collections. According to Coach, the transaction will complement Coach’s current leadership position in premium handbags and accessories, while immediately adding to the company’s earnings as it continues to make meaningful progress against its brand transformation … Read more