Madison Avenue Welcomes Nineteen New Retailers in Second Half of 2012 Madison Avenue, the North America’s premier luxury district, is featuring some of the most sought-after real estate in the world. The Madison Avenue Business Improvement District (BID) released its Second Half report for new store openings, announcing 19 new retailers. “Madison Avenue hosts the largest … Read more
2012 Luxury Online Experience Index (LOEI) survey Wealthy shoppers with minimum annual income of $150,000 rated the online experience at websites of 10 traditional luxury retailers and 16 online-only retailers in the 2012 Luxury Online Experience Index (LOEI) survey by the independent New York-based Luxury Institute. LOEI scores include evaluations of a site’s navigation, … Read more
BMW’ Paris flagship store to try to emulate the Apple retail experience The BMW Group celebrated the grand opening of its first new BMW Brand Store in the most luxurious area of metropolitan Paris in the Avenue George V tonight. The store, set to be the first of an Apple-like network of ‘experience stores’, … Read more
American Express Business Insights Data Show Full-Price Online Luxury Fashion Spending Sizzling The new data released from American Express Business Insights during Mercedes-Benz Fashion Week revealed additional telling shifts in luxury fashion spending both in US and abroad. While young Gen Y consumers are demonstrating a growing hunger for full-priced online luxury, Seniors are showing … Read more