Luxury Consumer Stories

  • YNAP says more than half sales in 2017 were via mobile

    YNAP says more than half sales in 2017 were via mobile

  • Lindt hits new sales record

    Lindt hits new sales record

  • Montblanc looks to capture Rolex, Breitling, price points

    Montblanc looks to capture Rolex, Breitling, price points

  • LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

    LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

  • Gucci goes gourmet

    Gucci Goes Gourmet

  • Kering sets Puma free

    Kering sets Puma free

  • Live Nation acquires Frank Productions in blockbuster deal

    Live Nation acquires Frank Productions in blockbuster deal

  • Soviet chic meets terrace fashion for new Burberry collection

    Soviet chic meets terrace fashion for new Burberry collection

  • Puma - 50th anniversary for classic sneaker

    Puma - 50th anniversary for classic sneaker

  • Carnival Corp – P&O serves up a treat for tennis fans

    Carnival Corp – P&O serves up a treat for tennis fans

  • Idexx Laboratories launches commercial test for kidney disease

    Idexx laboratories launches commercial test for kidney disease

  • Mariott International – Just a phone call away

    Mariott International – Just a phone call away

  • L'Oreal – Adventures in the land of the cyber-vegan

    L'Oreal – Adventures in the land of the cyber-vegan

  • Dufry wins seven-year contract extension at Macau Venetian

    Dufry wins seven-year contract extension at Macau Venetian

  • L’Oreal sees opportunity in beauty-craving China

    L’Oreal sees opportunity in beauty-craving China

  • Samsonite CEO: “no reason” Samsonite can’t be a $10 billion business in a decade

    Samsonite CEO: “no reason” Samsonite can’t be a $10 billion business in a decade

  • Yoox Net-a-Porter follows fashion towards data analytics

    Yoox Net-a-Porter follows fashion towards data analytics

  • Is Ferrari really going to start its own racing series?

    Is Ferrari really going to start its own racing series?

  • Macau on cusp of profit surge

    Macau on cusp of profit surge

  • Ulta Beauty set to disrupt Manhattan beauty scene with new store

    Ulta Beauty set to disrupt Manhattan beauty scene with new store

  • Citi says Tiffany’s a winner – share price jumps

    Citi says Tiffany’s a winner – share price jumps

  • Carnival Corp explains how it’s going green

    Carnival Corp explains how it’s going green

  • Retailers Ho Ho Ho-ping for best Christmas since recession

    Retailers Ho Ho Ho-ping for best Christmas since recession

  • Will Nike finish ahead of competition in 2017?

    Will Nike finish ahead of competition in 2017?

  • L’Oreal’s vegan roots are showing

    L’Oreal’s vegan roots are showing

  • Ferrari plans production boost to meet supercar demand

    Ferrari plans production boost to meet supercar demand

  • Inditex looking to sell 16 Zara stores for €400 million

    Inditex looking to sell 16 Zara stores for €400 million

  • Samsonite working hard to attract the ladies

    Samsonite working hard to attract the ladies

  • Festive, funny, and trendy: Nike’s “Ugly Christmas Sweater” sneakers are just a click away

    Festive, funny, and trendy: Nike’s “Ugly Christmas Sweater” sneakers are just a click away

  • Ulta Beauty drives sales this holiday season with deep discounting

    Ulta Beauty drives sales this holiday season with deep discounting

  • Louis Vuitton’s new customer service staff: Facebook bots

    Louis Vuitton’s new customer service staff: Facebook bots

  • Brown Forman: strong first half results in raised outlook for the year

    Brown Forman: strong first half results in raised outlook for the year

  • Puma in India: late, but a leader

    Puma in India: late, but a leader

  • L’Oreal used to love big hair – now it loves big data

    L’Oreal used to love big hair – now it loves big data

  • Marriott boss sees business travel and leisure travel converge

    Marriott boss sees business travel and leisure travel converge

  • Ulta Beauty beats the street in third quarter

    Ulta Beauty beats the street in third quarter

  • Samsonite looks to Hungary for increased production

    Samsonite looks to Hungary for increased production

  • Kering appoints Rothschild & Co to spin off Puma

    Kering appoints Rothschild & Co to spin off Puma

  • Tiffany beats the street – Americas rebound

    Tiffany beats the street – Americas rebound

  • Carnival Corp. going slow on “Ocean Medallion” roll out

    Carnival Corp. going slow on “Ocean Medallion” roll out

  • LVMH’s secret weapon in the brand wars: Sephora

    LVMH’s secret weapon in the brand wars: Sephora

  • Burberry does it again: most popular British brand on Instagram!

    Burberry does it again: most popular British brand on Instagram!

  • Moncler ditches catwalks – prefers selfies

    Moncler ditches catwalks – prefers selfies

  • Ctrip signs strategic agreement with Western Australia to boost tourism

    Ctrip signs strategic agreement with Western Australia to boost tourism

  • Rémy Cointreau sales boosted by China in first half

    Rémy Cointreau sales boosted by China in first half

  • Macau continues recovery as high stakes gamers return to the table

    Macau continues recovery as high stakes gamers return to the table

  • Meet the 2 designers transforming LVMH’s hippest brand

    Meet the 2 designers transforming LVMH’s hippest brand

  • Now you really can have breakfast at Tiffany’s

    Now you really can have breakfast at Tiffany’s

  • Richemont owner demonstrates value of craftsmanship in Venice show

    Richemont owner demonstrates value of craftsmanship in Venice show

  • Ferrari: pulling out of F1 could boost bottom line by £100 million

    Ferrari: pulling out of F1 could boost bottom line by £100 million

Latest Luxury Stories

  • YNAP says more than half sales in 2017 were via mobile

    YNAP says more than half sales in 2017 were via mobile

    Luxury, Friday, 19 January 2018

    In a tipping point for Yoox Net-A-Porter (YNAP), the company has revealed that more than half of its sales in 2017 were made via a mobile device. This was most notable during Ecommerce holiday Cyber Monday, when as much as 96% of orders made were via mobile. ...
  • Lindt hits new sales record

    Lindt hits new sales record

    Luxury, Thursday, 18 January 2018

    Swiss luxury chocolatier Lindt & Sprüngli has broken its sales record in 2017. Releasing figures earlier this week, the company revealed that it had passed sales of CHF 4.088 billion last year – the first time in its 175-year history that it’s ...
  • Montblanc looks to capture Rolex, Breitling, price points

    Montblanc looks to capture Rolex, Breitling, price points

    Luxury, Wednesday, 17 January 2018

    Luxury Swiss watchmaker Montblanc is looking to capture territory from Rolex and Breitling, as it debuts a range of sports models that will feature in the €4,000 to €6,000 price range. Montblanc, owned by luxury conglomerate Richemont, already has the ...
  • LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

    LVMH sees watches and jewelry sales rise by “more than” 10% in 2017

    Luxury, Wednesday, 17 January 2018

    Luxury titan LVMH saw sales of watches and jewelry rise by “more than” 10%, according to a senior member of staff. Ricardo Guadalupe, chief executive of the company’s Hublot brand – a Swiss watchmaker founded in 1980 – revealed the good ...
  • Gucci goes gourmet

    Gucci Goes Gourmet

    Luxury, Tuesday, 16 January 2018

    Last Tuesday, haute cuisine met haute couture, as iconic fashion brand Gucci dipped its ever so stylish toe into the world of fine dining. The luxe Gucci Osteria is a green walled restaurant hidden away inside the Gucci Garden – an “experimental ...
  • Kering sets Puma free

    Kering sets Puma free

    Luxury, Monday, 15 January 2018

    French luxury conglomerate Kering is divesting itself of its Puma shares earlier than expected. The company has said that it will distribute 70% of its Puma shares to investors, allowing it to focus on the high-end catwalk brands, like Gucci and Saint Laurent, that ...
  • Live Nation acquires Frank Productions in blockbuster deal

    Live Nation acquires Frank Productions in blockbuster deal

    Luxury, Monday, 15 January 2018

    In a blockbuster deal for live music fans, event planner Live Nation has purchased a majority interest in Frank Productions, one of the U.S.’s largest independent promoters. The sale was finalized last Thursday, and will be effective from February 1, bringing ...
  • Soviet chic meets terrace fashion for new Burberry collection

    Soviet chic meets terrace fashion for new Burberry collection

    Luxury, Thursday, 11 January 2018

    London Fashion Week Men's took place this week and Burberry unveiled its latest collection there on the same day as it was released in stores, simultaneously enjoying a football themed launch, at Dover Street Market in Piccadilly and Burberry stores around the ...
  • Puma - 50th anniversary for classic sneaker

    Puma - 50th anniversary for classic sneaker

    Luxury, Wednesday, 10 January 2018

    It has been 50 years since Puma introduced their iconic suede sneaker. The classic shoe has been a staple of hip-hop, street and break-dancing culture worldwide for decades but first rose to prominence in 1968 when Tommie Smith won the Gold in the 200m at the ...
  • Carnival Corp – P&O serves up a treat for tennis fans

    Carnival Corp – P&O serves up a treat for tennis fans

    Luxury, Wednesday, 10 January 2018

    Carnival Corp Plc brand P&O Cruises have partnered with Tennis Australia ahead of the 2018 Australian Open. The cruise company will offer as part of their main events line-up a series of tennis themed round trip cruises. The round trip cruises leaving from ...
  • Idexx Laboratories launches commercial test for kidney disease

    Idexx laboratories launches commercial test for kidney disease

    Luxury, Tuesday, 09 January 2018

    Yesterday Idexx Laboratories announced the imminent commercial availability of its new SDMA test to its North American customers. SDMA (symmetric dimethylarginine) is a renal biomarker specific to kidney function and is used to diagnose acute kidney injuries and ...
  • Mariott International – Just a phone call away

    Mariott International – Just a phone call away

    Luxury, Monday, 08 January 2018

    Mariott International, who recently made sweeping changes to its guest reward system and plans to open 40 luxury hotels across its brands in 2018 following it's purchase of Starwood Hotels and Resorts in 2016, announced on 4th January that they will be discussing ...
  • L'Oreal – Adventures in the land of the cyber-vegan

    L'Oreal – Adventures in the land of the cyber-vegan

    Luxury, Monday, 08 January 2018

    With the vegan market growing inexorably it was timely of L'Oreal to last month reveal the imminent release of a range of vegan hair dyes. Traditionally hair colouring has required a series of toxic chemicals including ammonia and peroxide. The rise of the vegan ...
  • Dufry wins seven-year contract extension at Macau Venetian

    Dufry wins seven-year contract extension at Macau Venetian

    Luxury, Friday, 05 January 2018

    Global duty free retail market leader Dufry has successfully extended its contract at the Macau Venetian Hotel, where it operates a downtown store with 2000 square meters floor space. The Swiss travel retail specialist will now operate the space until “the end ...
  • L’Oreal sees opportunity in beauty-craving China

    L’Oreal sees opportunity in beauty-craving China

    Luxury, Thursday, 04 January 2018

    According to L’Oreal China’s CEO Stephane Rinderknech, the company’s growth potential in the country is unlimited. Why? Because of affluent middle class consumers that are hungry for the best fashion products. That’s why, even if ...
  • Samsonite CEO: “no reason” Samsonite can’t be a $10 billion business in a decade

    Samsonite CEO: “no reason” Samsonite can’t be a $10 billion business in a decade

    Luxury, Wednesday, 03 January 2018

    Samsonite CEO Ramesh Tainwala knows a thing or two about luggage. Specifically, he knows how not to sell it. Early in his tenure at the venerable luggage giant, Tainwala presided over Samsonite’s attempts to capture more of the market through expansion into ...
  • Yoox Net-a-Porter follows fashion towards data analytics

    Yoox Net-a-Porter follows fashion towards data analytics

    Luxury, Tuesday, 02 January 2018

    In a first for the firm, online fashion retailer Yoox Net-a-Porter (YNAP) has hired a chief data and analytics officer, as it jumps onboard the trend towards using advanced data analytics to drive a “better service for customers”. This is the latest move ...
  • Is Ferrari really going to start its own racing series?

    Is Ferrari really going to start its own racing series?

    Luxury, Friday, 22 December 2017

    Iconic luxury supercar giant Ferrari made headlines recently when it threatened to quit the F1 – a racing series that is synonymous with Ferrari’s brand. The root of the problem comes as the F1’s new owners plan to make a number of changes, ...
  • Macau on cusp of profit surge

    Macau on cusp of profit surge

    Luxury, Thursday, 21 December 2017

    Some analysts now expect Macau’s profit to climb back to heights last experienced prior to Xi Jingping’s anti-corruption crackdown, when high rollers were driven away from the tables. If they’re right, they see a new peak being hit in 2019 – ...
  • Ulta Beauty set to disrupt Manhattan beauty scene with new store

    Ulta Beauty set to disrupt Manhattan beauty scene with new store

    Luxury, Thursday, 21 December 2017

    Ulta Beauty has opened its first Manhattan store at 188 East 86th Street in New York. The company is bringing its tried and tested business model to the city, featuring a winning combination of in-store beauty salon treatments and exclusive cosmetic products. Some ...
  • Citi says Tiffany’s a winner – share price jumps

    Citi says Tiffany’s a winner – share price jumps

    Luxury, Wednesday, 20 December 2017

    Iconic jeweler Tiffany & Co saw its share price jump last week when Citi Group analysts upgraded its outlook for the luxury retailer, saying Tiffany was “starting to show some shine”. The Group cited a number of factors in the upgrade: management ...
  • Carnival Corp explains how it’s going green

    Carnival Corp explains how it’s going green

    Luxury, Tuesday, 19 December 2017

    Carnival Corporation, the world’s largest leisure travel company, recently shone a light on its emission management strategy as it looks to make the cruise line industry more sustainable. Speaking at a roundtable industry debate in London last month, the ...
  • Retailers Ho Ho Ho-ping for best Christmas since recession

    Retailers Ho Ho Ho-ping for best Christmas since recession

    Luxury, Monday, 18 December 2017

    U.S. Consumer spending is soaring in the run up to Christmas, stoking expectations for the best holiday sales since the recession started a decade ago. According to the Commerce Department, retail sales were better than expected in October and November, as shoppers ...
  • Will Nike finish ahead of competition in 2017?

    Will Nike finish ahead of competition in 2017?

    Luxury, Monday, 18 December 2017

    Undisputed sneaker kingpin Nike is a great example of why you should look longer-term in picking stocks, and make sure you’re holding companies you think have real value, rather than just those that benefit from market fluctuations. The company has had a ...
  • L’Oreal’s vegan roots are showing

    L’Oreal’s vegan roots are showing

    Luxury, Friday, 15 December 2017

    L’Oreal’s founding goes back more than a hundred years, when a chemist developed safer, more natural looking hair dyes. Now, it’s returning to its roots with a range of fully plant-based colours, meeting consumers’ demand for more natural ...
  • Ferrari plans production boost to meet supercar demand

    Ferrari plans production boost to meet supercar demand

    Luxury, Thursday, 14 December 2017

    Legendary supercar maker Ferrari plans to double assembly shifts at its factories to two a day in 2018, as deliveries are scheduled to hit the company’s 9,000-vehicle target a year early. People familiar with the matter, who asked not to be named, say that the ...
  • Inditex looking to sell 16 Zara stores for €400 million

    Inditex looking to sell 16 Zara stores for €400 million

    Luxury, Wednesday, 13 December 2017

    The world’s biggest clothing retailer, Inditex, is looking to divest itself of €400 million worth of real estate. The company is hoping to sell 16 Zara stores across the Iberian Peninsula in a “20-year sale-and-leaseback” agreement, bringing ...
  • Samsonite working hard to attract the ladies

    Samsonite working hard to attract the ladies

    Luxury, Wednesday, 13 December 2017

    Samsonite International is planning to overhaul the physical stores that make up its luggage empire in an effort to become more attractive to female customers. The company says it will refit and renovate its stores – all 65,000 of them, over 140 continents ...
  • Festive, funny, and trendy: Nike’s “Ugly Christmas Sweater” sneakers are just a click away

    Festive, funny, and trendy: Nike’s “Ugly Christmas Sweater” sneakers are just a click away

    Luxury, Tuesday, 12 December 2017

    Few images are more recognizable around this time of year than the ugly Christmas sweater. Once the unfortunate produce of grandma’s failing eyesight, ugly Christmas sweaters today tend to be designed that way by apparel retailers. They’re festive ...
  • Ulta Beauty drives sales this holiday season with deep discounting

    Ulta Beauty drives sales this holiday season with deep discounting

    Luxury, Monday, 11 December 2017

    If you’re planning to buy cosmetics this holiday season, you could do a lot worse than checking out Ulta Beauty’s latest offers. The company is slashing prices by as much as 50% on selected, popular, items, in an effort to get people engaged. This offer ...
  • Louis Vuitton’s new customer service staff: Facebook bots

    Louis Vuitton’s new customer service staff: Facebook bots

    Luxury, Friday, 08 December 2017

    This holiday season, your purchase of a $1,370 canvas duffle bag could be prompted by an unusual luxury spokesperson: a Facebook bot. Luxury titan Louis Vuitton has turned to the social media platform for help managing customer interest on social media. The bots in ...
  • Brown Forman: strong first half results in raised outlook for the year

    Brown Forman: strong first half results in raised outlook for the year

    Luxury, Friday, 08 December 2017

    Brown Forman Corporation released quarterly earnings results for the second quarter of fiscal 2018 this week, demonstrating a strong business that’s had a great first half. As a result, the company has raised its outlook, bringing a smile, as well as a drink, ...
  • Puma in India: late, but a leader

    Puma in India: late, but a leader

    Luxury, Thursday, 07 December 2017

    Sportswear brand Puma has become a leader in the Indian market, despite a late entry. The brand’s CEO, Bjorn Gulden, recently said that he sees India becoming one of the top five global markets for Puma, as Indians are showing more and more interest in ...
  • L’Oreal used to love big hair – now it loves big data

    L’Oreal used to love big hair – now it loves big data

    Luxury, Wednesday, 06 December 2017

    Cosmetics giant L’Oreal is pursuing data over who buys what, why, and how much, in an effort to close the gap with big online retailers. The company’s data acquisitions and partnerships team, headed up by Aruna Paramasivan, uses its own (fairly limited) ...
  • Marriott boss sees business travel and leisure travel converge

    Marriott boss sees business travel and leisure travel converge

    Luxury, Wednesday, 06 December 2017

    Arne Sorenson, CEO and president of Marriott International, the world’s biggest hotelier, told listeners at an industry event that the company sees a convergence of business and leisure travel. That means fast wifi and clean rooms aren’t enough: ...
  • Ulta Beauty beats the street in third quarter

    Ulta Beauty beats the street in third quarter

    Luxury, Tuesday, 05 December 2017

    Beauty industry disruptor Ulta Beauty delivered earnings that surpassed analysts’ expectations in the third quarter of 2017. The company saw net income increase by 19.5% against the year ago quarter, to 104.6 million, or $1.70 per share. This was against ...
  • Samsonite looks to Hungary for increased production

    Samsonite looks to Hungary for increased production

    Luxury, Tuesday, 05 December 2017

    Luxury luggage maker Samsonite is looking to increase production and meet rising demand with a new factory in Hungary. The company said that strong financial performance so far this year and ever-increasing numbers of passengers have necessitated the expansion in ...
  • Kering appoints Rothschild & Co to spin off Puma

    Kering appoints Rothschild & Co to spin off Puma

    Luxury, Monday, 04 December 2017

    According to a report in French business magazine Challenges, luxury titan Kering has appointed Rothschild & Co. bank to handle its potential spin off of hip athleisure brand Puma. A spokeswoman for Kering declined to comment. Puma has been a stand out performer ...
  • Tiffany beats the street – Americas rebound

    Tiffany beats the street – Americas rebound

    Luxury, Friday, 01 December 2017

    Iconic Jeweler Tiffany & Co. has released its first full quarter earnings results under new CEO Alessandro Bogliolo – and they make for positive reading. The company said that a turn around in the Americas, as well as high demand for both cheaper jewelry ...
  • Carnival Corp. going slow on “Ocean Medallion” roll out

    Carnival Corp. going slow on “Ocean Medallion” roll out

    Carnival Corp. going slow on “Ocean Medallion” roll out, Friday, 01 December 2017

    Carnival Corporation isn’t just the world’s biggest cruise line operator, it’s one of the most innovative. According to CEO Arnold Donald, though, the company’s taking its latest innovation more slowly than is usual. That innovation is known ...
  • LVMH’s secret weapon in the brand wars: Sephora

    LVMH’s secret weapon in the brand wars: Sephora

    Luxury, Wednesday, 29 November 2017

    The rise of Ecommerce and social media has transformed the luxury world. Today, consumers are drawn to niche brands that operate within tightly defined segments, as subcultures online are drawn together and curate visual collections on platforms like Instagram and ...
  • Burberry does it again: most popular British brand on Instagram!

    Burberry does it again: most popular British brand on Instagram!

    Luxury, Tuesday, 28 November 2017

    When it comes to fashion, one social network rules supreme: Instagram. The Facebook-owned app is built entirely around photography, is notorious for its popularity among Millennial trend-setters, and takes an arty approach to capturing memories – including ...
  • Moncler ditches catwalks – prefers selfies

    Moncler ditches catwalks – prefers selfies

    Luxury, Tuesday, 28 November 2017

    Moncler, the French-Italian outerwear brand known for its fashionable €1,000 puffer jackets, has decided to ditch its twice-yearly catwalk shows. The reason? Smartphones and social media have revolutionized the fashion industry – young consumers have an ...
  • Ctrip signs strategic agreement with Western Australia to boost tourism

    Ctrip signs strategic agreement with Western Australia to boost tourism

    Luxury, Monday, 27 November 2017

    Chinese online travel titan Ctrip is looking to get more of its countrymen and women to Western Australia. The company has signed a strategic agreement with Tourism Western Australia, in a ceremony witnessed by the Premier of Western Australia, the Hon. Mark ...
  • Rémy Cointreau sales boosted by China in first half

    Rémy Cointreau sales boosted by China in first half

    Luxury, Monday, 27 November 2017

    French luxury spirits group Rémy Cointreau reported first half results on Thursday that demonstrated a strong demand for its higher priced drinks in China, driving the company’s performance. The group said that operating profit for the period rose by ...
  • Macau continues recovery as high stakes gamers return to the table

    Macau continues recovery as high stakes gamers return to the table

    Luxury, Friday, 24 November 2017

    Macau’s gaming revenues hit a three-year high in October, as VIP gamers returned to the tables. Regulators may be pushing for increased oversight of the casino industry, but that doesn’t seem to have put big-money players off. The VIP segment grew 36% ...
  • Meet the 2 designers transforming LVMH’s hippest brand

    Meet the 2 designers transforming LVMH’s hippest brand

    Luxury, Thursday, 23 November 2017

    Carol Lim and Humberto Leon are the designers behind Kenzo – a formerly little known Parisian fashion label owned by LVMH that has become a popular phenomenon. And that transformation is, in no small part, down to the designers’ innovative approach to ...
  • Now you really can have breakfast at Tiffany’s

    Now you really can have breakfast at Tiffany’s

    Luxury, Wednesday, 22 November 2017

    Iconic jeweler Tiffany & Co. has opened its first “retail dining concept” – The Blue Box Café at its flagship store in New York. Now, aspiring Holly Golightlys (Audrey Hepburn’s character from the classic film Breakfast at ...
  • Richemont owner demonstrates value of craftsmanship in Venice show

    Richemont owner demonstrates value of craftsmanship in Venice show

    Luxury, Tuesday, 21 November 2017

    Johann Rupert, chairman of luxury giant Richemont, best known for brands like Cartier and Van Cleef & Arpels, is bringing luxury craftsmanship to Venice for an exhibition of artisanal skills. The exhibition, which will take up 4,000 square meters and is being ...
  • Ferrari: pulling out of F1 could boost bottom line by £100 million

    Ferrari: pulling out of F1 could boost bottom line by £100 million

    Luxury, Monday, 20 November 2017

    Will they, won’t they? That’s the question on investors’ lips when it comes to Ferrari, and its continued presence in the Formula 1 (F1). The luxury supercar maker has been a fixture on the racing track since the F1’s inception 67 years ago ...