Cross-channel retail offers solution to luxury’s failing model
NEW YORK – The growth formula that luxury brands have relied on in recent years is already failing, according to an executive from Exane BNP Paribas at FACC Luxury Symposium 2016.
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Heritage brands must amplify tradition of innovation to reach today’s consumer
NEW YORK – Understanding the relationship between heritage and innovation is the key to appealing to today’s new consumer, according to panelists at the FACC Luxury Symposium on March 31.
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Luxury to thrive on what stays the same, not what changes, says Tiffany CEO
NEW YORK – Heritage and innovation seemingly battle against one another in the 21st century, but there is a symbolic relationship shared by the two forces worth exploring for luxury brands.
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With luxury slowing, venture capital turns to smaller, aspirational brands
NEW YORK – When it comes to investing in a brand, there is no magic formula for identifying the proper brand, time or terms, according to a panel at the FACC Luxury Symposium 2016.
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Ferragamo leverages pursuit of perfection ideology for digital series
Italian footwear label Salvatore Ferragamo is using pieces from the spring/summer 2016 collection to explore how it is positioned at the intersection of fashion and art.
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Millions tune in for Tmall luxury channel shoppable runway show
China’s Alibaba and luxury ecommerce platform Mei.com are joining forces to launch a luxury flash-sale channel, giving consumers access to authentic, discounted fashion items.
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Jimmy Choo paints edgy, eclectic portrait of spring collection
Footwear and accessories label Jimmy Choo is looking to the Queen of the Indies for fashion insights.
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Baghera/Wines ups bidding competition with reverse auction concept
Baghera/Wines held its first Wine O’clock sale on March 29, selling all 43 lots using an online reverse auction strategy, showing that oenophiles’ purchasing habits have evolved.
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Why visual search’s next frontier could be chatbots, mobile concierges
With a plethora of big-name retailers already incorporating mobile visual search capabilities into their applications, the technology is likely to evolve in several ways this year, including integrating with messaging chatbots and mobile concierge platforms.
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Christian Louboutin, Hublot, Tesla and Zaha Hadid – Live news
Luxury Daily’s live news from March 31 – Christian Louboutin bares it all with extended Nudes collection; Hublot honors Bruce Lee’s spirit with personal retrospective; Tesla Model 3 spurs global waiting list frenzy; Condolences pour in for Zaha Hadid, architect and luxury brand collaborator.
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Roberto Cavalli, Regent, real estate and autonomous driving – News briefs
Today in luxury marketing – Roberto Cavalli CEO sets out three-stage growth plan; Another swanky new ship on the way for luxury line Regent; How to sell a $60M penthouse: Don’t try; Where’s the lane? Self-driving cars confused by shabby US roadways.
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Amazon Books and the mythical wormhole
Why is Amazon, a retailer that rudely interrupted bookstore chain Barnes & Noble’s business, now testing the waters as a physical store?
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