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Luxury Goods

Showing 33 - 64 of 206 documents
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Virtual Reality: A Game Changer for Luxury Retail

Imagine sitting in your favourite armchair, putting on a virtual reality (VR) headset and feeling as though you’re walking into a luxury fashion store on Manhattan’s Fifth Avenue. You browse all the clothing and accessories, just as you would in a real bricks-and-mortar shopping experience. Everything is three-dimensional and interactive, so it feels like you’re […]
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Luxury Goods Industry in 2015

The luxury goods industry is being driven in new areas by online sales, which accounted for seven percent of all luxury sales in 2015. Designer apparel and footwear leads all categories in sales, accounting for 39 percent of all global luxury sales. However, luxury jewelry and timepieces are being impacted by the floating Swiss […]
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Global State of Luxury Goods in 2016

Our latest data reveal that 2015 was yet another challenging year for the luxury goods industry. In particular, the economic instability, social unrest and armed conflict buffeting formerly fast-growing emerging markets have driven up the strategic importance of the developed markets, not to mention the turmoil on the global foreign-exchange markets since late 2014 creating […]
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Event Preview: New York Times International Luxury Conference 2015, Luxury Beyond Product

The International New York Times Luxury Conference 2015, which is hosted and moderated by New York Times fashion director Vanessa Friedman and award-winning New York Times journalists, will addresses some of the most critical challenges and opportunities facing today’s luxury goods industry. Aptly named Luxury Beyond Product, the event will bring together a selected group […]
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Doing Business in the Halal Market

The Muslim religion is the second largest and fastest growing religion in the world, with Muslim consumers expected to reach 26 percent of the global population by 2030. Muslim consumers seek products that cater to their religious needs and comply with Islamic requirements: from halal production process to halal labelling and packaging. The lack of […]
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Fashion Friday: The Watch Market

The watch market has undergone a change in recent years, successfully transforming from a necessity to a fashion item marked by social status and individuality. Smart watches, which have recently come into the market, will not yet make an impact in the market – especially on watches in the high-priced range. In fact, many traditional […]
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An Influx of International Brands in India

Retail stores such as H&M and Gap recently opened in India, highlighting a recent influx of international retailers targeting the country. Beneficial economic policies, increased annual disposable income and heightened awareness of international players are all making conditions favorable for these retailers to expand into India. However, a lack of space and high real […]
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Licensing on the Decline for Luxury Brands

In June 2015, Burberry terminated its licensing agreement with Sanyo Shokai, a popular Japanese clothing manufacturer and distributor. This is in line with the trend of licensing by luxury brands declining due to the fact that licensing often creates a gap in pricing and brand perceptions between the original products and licensed ones. However, the […]
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