Millennials, older generations have formed two distinct luxury economies: YouGov
NEW YORK – Marketers spend an enormous amount of time and effort attracting millennial attention, when in reality the demographic will only spend approximately $49 billion across luxury categories in 2016, according to a new report by YouGov.
Click here to read the entire article on Luxury Daily

Announcing Luxury Daily’s Mobile Insights Summit 2016 New York June 23
Register now for Luxury Daily’s Mobile Insights Summit 2016, the nation’s only data-led executive conference discussing how evolving mobile consumer behavior is affecting brands and retailers’ marketing, retail, media and digital efforts. Analyst speakers from Deloitte, Strategy Analytics, GfK, BIA/Kelsey, McCann Truth Central, Shullman Research Center and Boston Retail Partners.
Click here to read the entire article on Luxury Daily

Automakers show dedication to tech-minded consumers with smartwatch compatibility
Britain’s Bentley Motors is the latest automaker to enable Apple Watch connectivity, but how important are smartwatches to the industry?
Click here to read the entire article on Luxury Daily

Markets continue steady growth, but disparities widen: Knight Frank
Global prime residential real estate continued its steady climb in the first quarter of 2016, according to a new report by Knight Frank.
Click here to read the entire article on Luxury Daily

Chaumet paints modern romance through Parisian escapade
French jeweler Chaumet is showing that love triumphs by following a contemporary couple through the streets of Paris.
Click here to read the entire article on Luxury Daily

Bloomberg Pursuits traverses globe for May’s inaugural travel issue
Bloomberg Pursuits is enticing its readership to log off from the Bloomberg Terminal with an issue dedicated to travel.
Click here to read the entire article on Luxury Daily

Johnnie Walker gives Singapore-based Scotch lovers unrivaled access
Scotch whisky-maker Johnnie Walker is expanding its Johnnie Walker House network of lounges with an invite-only location in Singapore.
Click here to read the entire article on Luxury Daily

Vertical video ad unit looks familiar to millennials
The Daily Dot is among the publishers planning to test a new programmatic vertical mobile video ad unit, reflecting the need to deliver experiences tailored to mobile users as traffic from smartphones continues to grow.
Click here to read the entire article on Luxury Daily

Furla, Farfetch, Dior and Mandarin Oriental – Live news
Luxury Daily’s live news from May 4 – Is Furla’s CEO headed to Ferragamo?; Farfetch secures $110M in funding to drive growth in Asia Pacific; Dior touts quick fixes by pitting models against each other; Mandarin Oriental taps photographer to capture New York with fresh eyes.
Click here to read the entire article on Luxury Daily

Private clients, Alber Elbaz, Rolex and Mercedes – News briefs
Today in luxury marketing – The growing business of private clients; Alber Elbaz navigates fashion world post-Lanvin; The Rolex Daytona is the hottest watch that money can’t buy; Daimler plans $574M engine factory in bid to pass BMW.
Click here to read the entire article on Luxury Daily