A few things to consider: it’s a system trying to get bigger audiences than ever, but it’s one that is more fragmented than ever while actually controlled by a relative few, as it employs less people, and arguably informs less, thereby meaning less. Waiting for some sort of stabilization seems futile at this point. Constant upheaval and “reinvention,” as executives like to put it, is the new normal.
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Read MoreMongolia isn’t a country commonly associated with luxury. Its nominal per capita GDP sits below that of Armenia, Tuvalu and Sri Lanka. Its only real city, Ulaanbaatar, is the planet’s coldest capital and often its most polluted. But some of the world’s biggest luxury brands are betting on it.
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Read MoreTried-and-tested methods that utilise human expertise are still relied upon, while technology is now employed in smart ways to spot fake goods.
Read more on CNA Luxury.
Read MoreResearchers surveyed luxury consumers about how they felt after they made pricey purchases.
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Read MoreThe Canadian Owners and Pilots Association (COPA) is calling on aircraft operators to oppose a 10 percent “luxury tax” on personal aircraft (also boats and cars) worth more than $100,000 CAD (about $75,000 USD), proposed as part of the newly elected government’s financial plan.
Read more on AV Web.
Read MoreVenice's hoteliers association estimates that the city's hotels suffered about 30 million euros ($34 million) worth of structural damage during November's floods.
Read more on Luxury Travel Advisor.
Read MoreSignature Travel Network launched a new charitable foundation, Travel Elevates, at its annual sales conference at the Mandalay Bay in Las Vegas on December 3 (hosted through December 5). The mission of Travel Elevates, according to Signature, is to "leverage [its] global travel partnerships to elevate people through education and economic empowerment."
Read more on Luxury Travel Advisor.
Read MoreFrench luxury conglomerate Kering has partnered with Albini Group, Supima and Oritain to develop a more sustainable business model through 100 percent traceable organic cotton.
Read more on Luxury Daily.
Read MoreAvenue in French capital, often called the world’s most beautiful, has seen better days.
Read more on The Guardian.
Read MoreLuxury consumers are increasingly embracing the 3Rs: Reduce, reuse and recycle, says Shelagh Stoneham, marketing and branding expert and former CMO of Fortune 500 brands.
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Read MoreAs consumer preferences shift towards more experiential purchases, branded food and drink activations and offerings are becoming an increasingly leveraged tactic for luxury brands to creatively engage consumers.
Read more on Luxury Daily.
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