Together, Chinese millennials and Indian millennials account for a whopping 47 percent of the global millennial population– here’s how they’re affecting the future of the luxury sector.
While technology has inarguably led to major growth and opportunity in the world of luxury, the boundaries between digital and human are beginning to blur.
If not, how can you be sure your content aligns with the factors that really matter to audiences?
In an age of instant gratification where e-commerce and Instagram shopping have been increasingly gaining market share, physical retailers and big department stores have struggled to keep customers engaged.
While big names in luxury watchmaking are pushing for growth in new markets, the man behind award-winning independent watch manufacture MB&F is choosing to scale back his production, believing that less is truly more.
A firestorm of backlash arose after more than $1 billion in donations poured in within just two days of the iconic cathedral catching fire.
Not all luxury watch brands have been quick to adapt to direct-to-consumer e-commerce, but those who have have been reaping the rewards in more ways than one.
While the idea of overt sexuality no longer sells in the West, it is now a strong driver of lingerie sales in the world’s most populous nation.
As the fastest growing market for digital and tech, China is on track to rival America’s tech giants – if it manages to overcome its skills shortage.
This year’s sixth edition of Global Powers of Luxury Goods indicates that 76 percent of luxury companies reported increased sales, with nearly half recording double-digit year-on-year growth.