Versace CEO: Internet investment more important than Chinese market sales
MONTE-CARLO, Monaco – As China’s contribution to luxury growth is flattening, the luxury industry should be looking online to reap more development opportunities, according to panelists at the Financial Times’ Business of Luxury Summit June 9.
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Two words clarify Chinese consumers, claims Shanghai Tang founder
MONTE-CARLO, Monaco – According to a panelist at Financial Times’ Business of Luxury Summit June 9, brands entering or maintaining a retail presence in China should know two words: Shenzhen and diagou.
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Four Seasons makes up lost mobile ground through global app
Four Seasons Hotels and Resorts is encompassing the entire consumer journey in its long-awaited, portfolio-wide mobile application.
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True luxury is about a constant drive for perfection, says Fiat Chrysler exec
MONTE-CARLO, Monaco – The term luxury is overused these days, particularly in the automotive sector, according to the chairman of Chrysler Fiat at the Financial Times’ Business of Luxury Summit June 9.
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Richemont exec rues machine age, wasting of middle class
MONTE-CARLO, Monaco – Artificial intelligence will create exponential change in society, impacting the luxury industry along the way, said the executive chairman of Richemont at the Financial Times’ Business of Luxury Summit.
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Digital integration propels brand heritage, meaning
MONTE-CARLO, Monaco – Luxury sentiment has evolved to become less about having and more about being, agreed panelists at the Financial Times’ Business of Luxury Summit on June 9.
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Cross-channel clients spend 60pc more than in-store-only peers: report
Digital contactability, the ability of a retailer to accurately target a consumer through digital, will transform the luxury industry, according to a new report by ContactLab and Exane BNP Paribas.
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Photos from Financial Times’ Business of Luxury Summit Day 2
MONTE-CARLO, Monaco – During the Financial Times’ Business of Luxury Summit June 7-9, brand delegates and attendees came together to discuss technology, legacy and the new consumer.
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