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While the bullish narrative surrounding the Chinese luxury scene may be misleading and one-sided, luxury houses do need a serious paradigm shift to remain relevant in this fickle market.
More than 65 percent of India’s population is under 35, making it one of the youngest and most promising luxury markets in the world.
While verbal communication on camera is a relatively well-covered subject, with popular advice touting the benefits of concise scripting, rehearsed preparation and active listening, nonverbal communication is hardly ever discussed.
The holiday season is one of the most stressful and busy times of the year, especially if you are an entrepreneur in the retail or ecommerce sectors.
For fashion goods, IP is not one-size-fits-all. Different types of products need different types of IP protection.
We may know how to lead a function, but not necessarily how to lead and unleash the people doing the work
Private equity investors see enormous potential in helping luxury brands expand beyond Europe, with particular focus on Asia, Latin America and the Middle East.
The proliferation of private, off-market property listings in the United States may once again queer the pitch for the real estate business.
Evolving consumer preferences and economic pressures are pushing luxury brands to reconsider their customer acquisition strategies.
Personal luxury brands are finding themselves in a moment of crisis, driven by macroeconomic pressures and waning consumer demand.
Luxury Roundtable is inviting insightful columns and thought-leadership articles on issues, trends, opportunities or challenges affecting the luxury business, whether in one sector or many.
Balancing customer experience with employee experience is not an easy task as luxury consumption behavior and patterns evolve.
Point-of-sale ROI is not just about totaling the units sold off an in-store display, especially when results may influence future placement and investment.
Luxury Roundtable is inviting insightful columns and thought-leadership articles on issues, trends, opportunities or challenges affecting the luxury business, whether in one sector or many.
Although not actively discussed in the executive ranks for brand advertisers, TikTok already has 800 million active users globally – more than Pinterest, Reddit, Snap and Twitter.
The retail store environment has become a product itself.
According to a McKinsey 2024 survey, 68 percent of organizations do not yet have detailed plans about how to handle hybrid work.
Technologies such as AI have made it easy for budding resellers to create their own bots at home with limited technological proficiency.
There is a shocking imbalance even within luxury brands relying heavily on aspiring consumers as the bigger, more deep-pocketed players pull ahead of their smaller rivals.
Luxury is not a set of techniques or codes – it is a complete culture.
All retailers are susceptible to claims and appeasements fraud, but luxury retailers with trendy, desirable and high-priced items are priority targets.