LVMH revenue down by 17% in 2020
Luxury giant LVMH Moët Hennessy Louis Vuitton posted revenue of €44.7 billion in 2020, down by -17% year-on-year. Organic revenue declined by -16% compared to 2019. Profit
In conversation with Ian McLernon, CEO of Rémy Cointreau Americas
Ian McLernon current Rémy Cointreau Americas CEO provided his insight on the current state of the premium spirits market in the Americas in a short
Why commission-based compensation is wrong in luxury retail
Why commission-based compensation is wrong in luxury retail. Jean-Noel Kapferer stated in his well-known book, The Luxury Strategy, that sales personnel in a luxury store
In conversation with Ana Brant
In conversation with Ana M. Brant, director of guest experience innovation with Dorchester Collection Hotels.
Barneys at Saks debut in NY
The ‘Barneys at Saks‘ retail format becomes a reality in New York, a reflection of the partnership between the two brands when, in 2019, Authentic
Le marché chinois du luxe survivra-t-il l’augmentation des prix ?
Le marché chinois du luxe est sous pression puisque dans la foulée de l’augmentation des prix d’Hermès au début du mois de janvier, des marques
YSL beauty launch connected make up tools
Yve Saint Laurent Beauty is stepping up its home personalization offer by offering an ad hoc version of the Perso connected tool. At the end
Bottega Veneta withdraw from social networks
Disappearance of Bottega Veneta from social networks: what strategy for the luxury house? While the year 2020 has accelerated the process of digitalization of luxury