Information, convenience and entertainment key for luxury brands
With technology changing the way we shop so significantly, luxury retailers will have to adapt their approach to stay relevant
Search Results for: luxury retail
Is the crisis in the Chinese luxury market temporary? It is time for us to think of the Chinese market sociologically
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
Coach acquired women’s luxury footwear brand Stuart Weitzman
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
Feathers and leathers: fashion houses give cycling a luxury makeover
From gold-plated forks to hand-crafted panniers, luxury goods retailers are adding bling to the bicycle
A new luxury hotel proposed for 2022 FIFA World Cup in Qatar to be located 1 1/2 kilometer off shore near Doha
The Silver Pearl Hotel, Doha, Qatar is the newest world-class hotel and conference/expo center proposed for the upcoming 2022 FIFA World Cup in Qatar. The Silver Pearl Hotel calls for a 1000 plus room luxury property to be located 1 1/2 kilometer off shore near Doha. The name of the hotel refers to a structure … Read more
Slower, but steady: that is the ‘new normal’ for the global luxury market in 2014. Study.
The 13th edition of the “Luxury Goods Worldwide Market Monitor” Not only will ‘Luxury 2025’ consumers be at the center of the customer experience; they will be the center of luxury itself – a critical part of the ideation, creation, and sales of luxury, says Bain & Company 2014 annual global luxury study. According to … Read more