Browsing Tag
Luxury
17 posts
Have Luxury Brands Gone Too Far With Their Recent Price Hikes?
What Happened: Another new year, another bout of luxury increases as brands continue to inflate their price tags. On January 18, Dior raised its prices, with a small-sized Lady Dior jumping from $4,800 (or 36,000 RMB) to $5,400 (41,000 RMB) — an increase of a whopping 17 percent.But even more controversially, another French brand, Celine, raised…
Why Luxury Will Turn to Big Data in 2022
Key Takeaways:The luxury “customer journey” in China is far more digital than anywhere else in the world while becoming increasingly data-driven.The race is on for luxury brands to take the lead in their respective areas by using data analytics.In 2022 and beyond, luxury brands will be more actively involved in setting up China-based collaborations with…
Want to Get Away From It All? Try This Luxury Ghost Town in Africa
CIUDAD DE LA PAZ, Equatorial Guinea—In a jungle clearing here are 50 luxury villas on manicured lots. Each 7,100-square-foot house has four bedrooms, two living rooms, an office, staff quarters and a dining room. And in each dining room is a formal table set at all times for 10 guests, ready in case all African…
Secondhand Luxury Platform Profile: Alibaba’s Idle Fish
The following is one of 11 online resale platform profiles included in Jing Daily’s latest market report, Leveraging China’s Online Luxury Resale Boom. Packed with case studies, revenue-generating best practices, spotlight interviews, and in-depth profiles of domestic Chinese resale platforms, the 68-page report is crucial for anyone looking to understand the huge potential of secondhand…
Opening of Luxury Care Home Boosts Local Crowthorne Economy
Award-winning care provider, Greensleeves Care, today announced that its latest care home, Buckler’s Lodge, is to open in Crowthorne in early 2022 providing residential and dementia care and creating over 100 jobs. Buckler’s Lodge will be a luxury 80-bed care home in over two acres of grounds surrounded by unspoiled countryside and forest. Residents will…
China’s Luxury Shoppers Slash Spendings to Shop Abroad, Report Says
China’s young female luxury buyers are slamming the brakes on their shopping spree at home, hoping international travel may soon resume, according to a new fashion consumer report released Tuesday.The country’s luxury connoisseurs — mostly in Shanghai, Beijing, Chengdu, and Shenzhen — are showing less urgency to purchase such items, while waiting to splurge abroad,…
Key Takeaways:Gen Zers were surrounded by computers and smartphones and had access to social media from their earliest days, dramatically shaping their experiences and interactions.To please Gen Zers, brands must always have a clear position, even on politically controversial topics.Sustainability cannot be an afterthought for Gen-Z; it must become an honest endeavor.Generation Z is rapidly…