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…
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Le groupe Estée Lauder rachète Tom Ford
Kering est en pourparlers avancés pour acquérir Tom Ford, a rapporté jeudi le Wall Street Journal. Le groupe de luxe français, qui possède des marques…
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GUCCI’s crypto payments booming in the USA
Gucci began accepting cryptocurrency in a few U.S. stores in May, and now it’s going all-in on the blockchain-based payments. As BitPay — the Italian luxury…
Moët & Chandon opens Champagne bar in London at Harrods
Moët & Chandon opened its largest stand-alone champagne bar in Europe at Harrods, Knightsbridge, London with a full selection of champagnes from innovations to rarities, signature cocktails…
Personal luxury goods market to reach 360-380 billion in euros by 2025
The personal luxury goods market is exhibiting an impressive rebound, according to new data from Bain & Company. With fuel from a successful 2021 holiday shopping season,…
BVLGARI presents a patented NFT watch ecosystem
BVLGARI presents a patented NFT watch ecosystem its first NFT High Jewellery creations and the absolute preview of the Bulgari metaverse concept at the VIVA global tech…
Chinese social network TikTok surpasses Instagram in fans growth
Specific social media platforms, especially those with a video focus, are becoming more popular and pertinent to brand success, according to a new report from analytics firm…
What happened to the luxury goods blocked by the E.U. bound to Russia?
Sanctions against Russia for the invasion of Ukraine have been designed to cripple the country’s economy and penalize Putin and his associates. However, the complexity of the…
Patek Philippe rare handcrafted timepieces exhibition in Paris now
Patek Philippe is presenting its new “Rare Handcrafts 2022” exhibition in Paris for the first time,showcasing three exclusive pieces created explicitly for this event. From…
High-end fitness brand Equinox to accept payment in cryptocurrencies
New Yorkers who want to get in shape for the summer will soon be able to pay for an Equinox membership with cryptocurrency, JOBLUX has…
Hugo Boss to launch a pre-owned items platform
Hugo Boss announced on Thursday that it will offer its customers the opportunity to buy second-hand items from a high-end resale platform scheduled to launch…
Those luxury goods cost more used than new
Buying second-hand an exceptional watch or designer piece of leather goods is now a trend. The craze is such that some of these objects of…