Luxury Consumer Stories

  • Ctrip’s Skyscanner purchase is paying off – and CEO says there’s more to come

    Ctrip’s Skyscanner purchase is paying off – and CEO says there’s more to come

  • Tesla’s surprise – Russian orders soar

    Tesla’s surprise – Russian orders soar

  • Richemont gears up for the 21st Century

    Richemont gears up for the 21st Century

  • LVMH embraces Chinese pure-play luxury e-tailer Secoo

    LVMH embraces Chinese pure-play luxury e-tailer Secoo

  • World Cup winner announced early: Adidas

    World Cup winner announced early: Adidas

  • Trade war sends Tesla to China

    Trade war sends Tesla to China

  • Electronic Arts acquires Industrial Toys

    Electronic Arts acquires Industrial Toys

  • India is the next big travel market

    India is the next big travel market

  • Luxottica acquires Barberini, still waiting on confirmation from Chinese regulators

    Luxottica acquires Barberini, still waiting on confirmation from Chinese regulators

  • The next big player in pet health… Mars?

    The next big player in pet health… Mars?

  • Richemont will “transform watch economy” with Ecommerce

    Richemont will “transform watch economy” with Ecommerce

  • PVH Corp. embracing “circularity” to create more sustainable fashion world

    PVH Corp. embracing “circularity” to create more sustainable fashion world

  • Spotify offers “lite” app, drills down on data usage

    Spotify offers “lite” app, drills down on data usage

  • Treasury Wine Estates personalising Penfold brand in America and China

    Treasury Wine Estates personalising Penfold brand in America and China

  • Ferrari Classiche is a clear indication of the brand’s premium

    Ferrari Classiche is a clear indication of the brand’s premium

  • Nike picks up pace in fourth quarter – the king is back

    Nike picks up pace in fourth quarter – the king is back

  • Catering to Man’s Best Friend is a multi-billion dollar business

    Catering to Man’s Best Friend is a multi-billion dollar business

  • Elon Musk’s time is up – but how do people think he’s done?

    Elon Musk’s time is up – but how do people think he’s done?

  • Estée Lauder partners with University of Hong Kong to deliver postgraduate course

    Estée Lauder partners with University of Hong Kong to deliver postgraduate course

  • Tesla’s tent highlights the growing gulf between Musk and his critics

    Tesla’s tent highlights the growing gulf between Musk and his critics

  • Zalando plans to double growth by 2020

    Zalando plans to double growth by 2020

  • Samsonite opens female-first omnichannel concept store

    Samsonite opens female-first omnichannel concept store

  • LVMH open house – now available on four continents

    LVMH open house – now available on four continents

  • Kering in talks to sell Christopher Kane his eponymous brand

    Kering in talks to sell Christopher Kane his eponymous brand

  • Marriott International plans to help you share a hotel room with Alexa

    Marriott International plans to help you share a hotel room with Alexa

  • Tesla suffers from sabotage, but investors needn’t worry

    Tesla suffers from sabotage, but investors needn’t worry

  • LVMH sees opportunity to ramp up online jewelry sales

    LVMH sees opportunity to ramp up online jewelry sales

  • Why Idexx Laboratories is onto a good thing

    Why Idexx Laboratories is onto a good thing

  • Ctrip partners with iClick to deliver customized marketing solutions

    Ctrip partners with iClick to deliver customized marketing solutions

  • Estee Lauder growth driven by online and travel retail

    Estee Lauder growth driven by online and travel retail

  • Inditex is positioning itself to win in a digital future

    Inditex is positioning itself to win in a digital future

  • Super wealthy individuals are spending big on the highest end of luxury

    Super wealthy individuals are spending big on the highest end of luxury

  • LVMH has the football world all tied up

    LVMH has the football world all tied up

  • Tesla: self-driving features to start arriving in August

    Tesla: self-driving features to start arriving in August

  • Samsonite CEO steps down – shares jump

    Samsonite CEO steps down – shares jump

  • Kering Investor Day: it’s all about Gucci, and analysts like what they’re seeing

    Kering Investor Day: it’s all about Gucci, and analysts like what they’re seeing

  • Rémy beats the street thanks to strong demand from China

    Rémy beats the street thanks to strong demand from China

  • Brown Forman beats estimates on earnings and sales in fourth quarter

    Brown Forman beats estimates on earnings and sales in fourth quarter

  • LVMH might have embraced digital – but it has no plans to go tech-mad

    LVMH might have embraced digital – but it has no plans to go tech-mad

  • Marriott reveals plans to spend at least $500 million revamping Sheraton brand

    Marriott reveals plans to spend at least $500 million revamping Sheraton brand

  • Tesla: shareholders side with Musk, share price jumps

    Tesla: shareholders side with Musk, share price jumps

  • Inditex’s Zara looks to bridge the divide between offline and online

    Inditex’s Zara looks to bridge the divide between offline and online

  • Kering: Gucci’s great, but have you checked out Balenciaga?

    Kering: Gucci’s great, but have you checked out Balenciaga?

  • Richemont pushes into second-hand luxury watch market

    Richemont pushes into second-hand luxury watch market

  • China is powering the luxury trend at all levels – and this is just the beginning

    China is powering the luxury trend at all levels – and this is just the beginning

  • Adidas is outplaying Nike in the World Cup

    Adidas is outplaying Nike in the World Cup

  • China’s “Moonlight Clans” propel Gucci (and everyone else) to ever-greater heights

    China’s “Moonlight Clans” propel Gucci (and everyone else) to ever-greater heights

  • EssilorLuxottica will redefine the $100 billion eyewear industry

    EssilorLuxottica will redefine the $100 billion eyewear industry

  • Live Nation adds equality to its line up

    Live Nation adds equality to its line up

  • Inside the incredible trend towards pet spending

    Inside the incredible trend towards pet spending

Latest Luxury Stories

  • Ctrip’s Skyscanner purchase is paying off – and CEO says there’s more to come

    Ctrip’s Skyscanner purchase is paying off – and CEO says there’s more to come

    Luxury, Wednesday, 18 July 2018

    Ctrip took a chance when it bought Scottish flight-search company Skyscanner in 2016. The Chinese travel giant is making a bold play for the international market, and CEO Jane Sun says that acquisitions will be a big part of that expansion. Her management and ...
  • Tesla’s surprise – Russian orders soar

    Tesla’s surprise – Russian orders soar

    Luxury, Tuesday, 17 July 2018

    Embattled technocrat Elon Musk continues to wage a war of attrition against Tesla naysayers. The company – CEO Musk’s pure-play for the luxury electric car space – recently beat (an albeit delayed) target for Model 3 production. And while the race ...
  • Richemont gears up for the 21st Century

    Richemont gears up for the 21st Century

    Luxury, Tuesday, 17 July 2018

    Swiss luxury conglomerate Richemont, the powerhouse behind brands like Cartier and Van Cleef & Arpels, has been busily reinventing itself to make the most of the 21st century. The company may have a long history in the upper-end of the luxury sector, but ...
  • LVMH embraces Chinese pure-play luxury e-tailer Secoo

    LVMH embraces Chinese pure-play luxury e-tailer Secoo

    Luxury, Monday, 16 July 2018

    You might not have heard of Secoo. In an Ecommerce landscape dominated by Alibaba and JD.com, the relatively new online retail player is easy to miss. Nonetheless, it’s managed to carve out a lucrative niche for itself with a unique promise: all the luxury ...
  • World Cup winner announced early: Adidas

    World Cup winner announced early: Adidas

    Luxury, Friday, 13 July 2018

    With 2.5 billion fans worldwide, football (or “soccer” as it’s also known) is the world’s most popular sport by a long way. Number two, cricket, has a full billion fewer fans. It’s a safe bet that many of those fans will be tuning into ...
  • Trade war sends Tesla to China

    Trade war sends Tesla to China

    Luxury, Thursday, 12 July 2018

    As the trade war between China and the U.S. has continued to heat up, electric carmaker Tesla has taken a hit: its vehicles have become shockingly more expensive in the east. That’s a big problem for the company, as China is the world’s biggest market ...
  • Electronic Arts acquires Industrial Toys

    Electronic Arts acquires Industrial Toys

    Luxury, Thursday, 12 July 2018

    Market leading video game developer and producer, Electronic Arts, has acquired Industrial Toys – the company behind a number of ambitious mobile games. The studio is only six years old, but it’s had top talent behind it from the get-go: co-founder Alex ...
  • India is the next big travel market

    India is the next big travel market

    Luxury, Wednesday, 11 July 2018

    Everyone knows how powerful the trend towards travel and travel retail is in China: in 2016, the country’s tourists accounted for a massive $261 billion in overseas spending – that’s a fifth of the global total! China might be the biggest spender, ...
  • Luxottica acquires Barberini, still waiting on confirmation from Chinese regulators

    Luxottica acquires Barberini, still waiting on confirmation from Chinese regulators

    Luxury, Tuesday, 10 July 2018

    At the end of June, eyewear giant Luxottica revealed that it was still awaiting the go-ahead from Chinese regulators for its merger with French lens-maker Essilor. The two groups said that they “remained confident” that the Chinese competition authority ...
  • The next big player in pet health… Mars?

    The next big player in pet health… Mars?

    Luxury, Monday, 09 July 2018

    The next big player in the fast-growing pet health sector looks like its going to be Mars. As in, the bar, not the planet. If that sounds strange, you haven’t been paying enough attention to the press around our furry friends: pet care is big business, and ...
  • Richemont will “transform watch economy” with Ecommerce

    Richemont will “transform watch economy” with Ecommerce

    Luxury, Friday, 06 July 2018

    Last month, global luxury powerhouse Richemont, the company behind brands like Cartier and Van Cleef & Arpels, made two important moves: first, it took control of fashion Ecommerce platform Yoox Net-a-Porter (YNAP); and second, it acquired Watchfinder, a ...
  • PVH Corp. embracing “circularity” to create more sustainable fashion world

    PVH Corp. embracing “circularity” to create more sustainable fashion world

    Luxury, Friday, 06 July 2018

    Apparel giant PVH Corp., the company behind brands like Calvin Klein, Tommy Hilfiger, Van Heusen, and Speedo, is working to make the fashion world a more sustainable place. Its latest foray into the environmentally friendly came at the end of June, when it announced ...
  • Spotify offers “lite” app, drills down on data usage

    Spotify offers “lite” app, drills down on data usage

    Luxury, Thursday, 05 July 2018

    Music streaming king Spotify is offering a new point of entry to its service for regions with sub-par internet: a “Spotify-lite” app that brings the company’s huge music library to users without gobbling up all their data. According to Spotify, the ...
  • Treasury Wine Estates personalising Penfold brand in America and China

    Treasury Wine Estates personalising Penfold brand in America and China

    Luxury, Thursday, 05 July 2018

    Treasury Wine Estates (TWE) the Australian wine maker behind iconic label Penfolds, is choosing to take its flagship brand into new territories. The company has announced that it’s establishing a Californian red wine and a fortified wine “infused with ...
  • Ferrari Classiche is a clear indication of the brand’s premium

    Ferrari Classiche is a clear indication of the brand’s premium

    Luxury, Wednesday, 04 July 2018

    There are plenty of people who would never even think of spending as much as $16,000 on a new car. But for Ferrari owners, this price tag is nothing – it’s so low, in fact, that many of them are willing to pay it just to have their vehicle vetted and ...
  • Nike picks up pace in fourth quarter – the king is back

    Nike picks up pace in fourth quarter – the king is back

    Luxury, Tuesday, 03 July 2018

    Global athleisure brand and market-leading sneaker maker Nike has bounced back into fashion after a strong fourth quarter that saw it reverse trajectory after a difficult 12 months. The company delivered beats on revenue, saw incredible international growth, and ...
  • Catering to Man’s Best Friend is a multi-billion dollar business

    Catering to Man’s Best Friend is a multi-billion dollar business

    Luxury, Monday, 02 July 2018

    A year ago, data from the Centers for Disease Control and Prevention showed that American birth rates had hit an all-time low. Commentators blamed it on the Millennial generation, which has proven to be lackluster compared to its parents when it comes to ...
  • Elon Musk’s time is up – but how do people think he’s done?

    Elon Musk’s time is up – but how do people think he’s done?

    Luxury, Monday, 02 July 2018

    On Saturday, Elon Musk’s time ran out. Mr. Musk had pledged to have Tesla producing 5,000 Model 3s per week by the end of June. Now, the world waits to see if he has delivered on his promise. It’s certainly been an interesting ride getting here – ...
  • Estée Lauder partners with University of Hong Kong to deliver postgraduate course

    Estée Lauder partners with University of Hong Kong to deliver postgraduate course

    Luxury, Friday, 29 June 2018

    Estée Lauder, one of the world’s most recognizable luxury cosmetics companies, has partnered with the University of Hong Kong’s School of Professional and Continuing Education to create a unique accredited postgraduate certificate program that ...
  • Tesla’s tent highlights the growing gulf between Musk and his critics

    Tesla’s tent highlights the growing gulf between Musk and his critics

    Luxury, Thursday, 28 June 2018

    Elon Musk is just days away from a major deadline: the delivery of 5,000 Model 3 sedans a week. Musk, the founder, president, and CEO of futuristic luxury carmaker Tesla, has promised to achieve this manufacturing milestone by the end of June. That’s an ...
  • Zalando plans to double growth by 2020

    Zalando plans to double growth by 2020

    Luxury, Wednesday, 27 June 2018

    Online fashion retailer Zalando has unveiled ambitious plans to double in size by 2020 – and now we know how it expects to do so. The company, founded ten years ago as a German footwear retailer, was worth €5 billion in 2017 – by 2020, it wants that ...
  • Samsonite opens female-first omnichannel concept store

    Samsonite opens female-first omnichannel concept store

    Luxury, Wednesday, 27 June 2018

    Luxury luggage kingpin Samsonite promised to start targeting female shoppers on its last earnings call, noting that luggage brands and experiences tailored specifically for them represented a gap in the market. Now, it’s made good on its promise by opening its ...
  • LVMH open house – now available on four continents

    LVMH open house – now available on four continents

    Luxury, Tuesday, 26 June 2018

    Every two years, luxury giant LVMH opens the doors of a number of its fashion houses to the public, letting them glimpse the interior workings of some of the luxury world’s most iconic names. This year marks the fourth installment of its ‘Les ...
  • Kering in talks to sell Christopher Kane his eponymous brand

    Kering in talks to sell Christopher Kane his eponymous brand

    Luxury, Monday, 25 June 2018

    French Luxury titan Kering is in talks to sell its 51% stake in Christopher Kane back to the British designer who gave it its name. This wouldn’t end collaboration between the two, but it would signal the end of a five-year partnership that plays into the ...
  • Marriott International plans to help you share a hotel room with Alexa

    Marriott International plans to help you share a hotel room with Alexa

    Luxury, Friday, 22 June 2018

    Marriott has a novel idea to spice up your next stay in one of its luxury properties: a roommate by the name of Alexa. On Tuesday, Ecommerce giant Amazon announced a partnership with the world’s largest luxury hotelier to add Amazon Echo smart speakers to ...
  • Tesla suffers from sabotage, but investors needn’t worry

    Tesla suffers from sabotage, but investors needn’t worry

    Luxury, Thursday, 21 June 2018

    Tesla, the luxury tech company at the forefront of automotive trends like electrification and automation, has been sabotaged by an employee who was passed over for promotion. In an email to staff, founder, CEO, and president, Elon Musk, claimed that the worker did ...
  • LVMH sees opportunity to ramp up online jewelry sales

    LVMH sees opportunity to ramp up online jewelry sales

    Luxury, Thursday, 21 June 2018

    LVMH, the world’s largest luxury conglomerate, which counts brands like Louis Vuitton and Celine among its many businesses, is looking to capitalise when it comes to selling jewelry online. The company has been quite clear in the past: it’s an ...
  • Why Idexx Laboratories is onto a good thing

    Why Idexx Laboratories is onto a good thing

    Luxury, Wednesday, 20 June 2018

    Idexx Laboratories is THE major name in the specialised pet care industry, and – despite a number of pushbacks in the launch of its upcoming product – it’s becoming recognised as a truly brilliant company. The area the company works in, offering ...
  • Ctrip partners with iClick to deliver customized marketing solutions

    Ctrip partners with iClick to deliver customized marketing solutions

    Luxury, Tuesday, 19 June 2018

    iClick Interactive, a Hong Kong-based marketing technology company, has just signed an agreement with Chinese travel giant Ctrip. The former will supply the latter with “customized marketing” solutions that should enable Ctrip to make better-targeted ...
  • Estee Lauder growth driven by online and travel retail

    Estee Lauder growth driven by online and travel retail

    Luxury, Monday, 18 June 2018

    Iconic cosmetics company Estee Lauder is experiencing incredible growth: over the past year, the company is up by 62% (a significant outperformance of the industry’s 33% upside). Intelligent acquisitions played a big part in that growth, but they’re not ...
  • Inditex is positioning itself to win in a digital future

    Inditex is positioning itself to win in a digital future

    Luxury, Friday, 15 June 2018

    Inditex, the Spanish fast-fashion giant behind popular high street brands like Zara, is looking to the future. As powerful Ecommerce forces like Amazon look to muscle in on new markets, the only way for organizations to protect themselves from disruption is to ...
  • Super wealthy individuals are spending big on the highest end of luxury

    Super wealthy individuals are spending big on the highest end of luxury

    Luxury, Thursday, 14 June 2018

    Luxury brand Hermes has set a new European record for the most expensive handbag sold at auction. The bag in question – a ten year old Himalaya Birkin, featuring an 18-carat gold diamond encrusted lock – was snapped up for £162,500 ($217,144). If ...
  • LVMH has the football world all tied up

    LVMH has the football world all tied up

    Luxury, Wednesday, 13 June 2018

    With the FIFA World Cup fast approaching, few topics are hotter than football. That interest goes beyond the pitch and the bars where the game is watched and into the business media, as the sponsorship battle between Nike and Adidas plays out. However, there is ...
  • Tesla: self-driving features to start arriving in August

    Tesla: self-driving features to start arriving in August

    Luxury, Tuesday, 12 June 2018

    According to a tweet from Tesla founder, chairman and CEO, noted technocrat Elon musk, the company’s self-driving software will make an appearance on the market in August of this year. That’s not to say that Tesla’s cars are going to be completely ...
  • Samsonite CEO steps down – shares jump

    Samsonite CEO steps down – shares jump

    Luxury, Tuesday, 12 June 2018

    Luxury luggage titan Samsonite made the headlines at the beginning of June as CEO Ramesh Tainwala resigned “effective immediately”. Tainwala’s abrupt exit from the company came after short-selling fund Blue Orca accused him of “resume ...
  • Kering Investor Day: it’s all about Gucci, and analysts like what they’re seeing

    Kering Investor Day: it’s all about Gucci, and analysts like what they’re seeing

    Luxury, Monday, 11 June 2018

    French luxury titan Kering’s share price was propelled upwards at the end of last week, as investors and analysts responded favourably to the company’s annual Investor Day. What’s gotten everyone so excited – an ambitious approach to iconic ...
  • Rémy beats the street thanks to strong demand from China

    Rémy beats the street thanks to strong demand from China

    Luxury, Monday, 11 June 2018

    Rémy Cointreau, the luxury drinks company behind premium spirits like Rémy Martin cognac and Cointreau orange liqueur, has beaten analysts’ expectations on profit for the full fiscal year. The company cited strong demand from China, which has ...
  • Brown Forman beats estimates on earnings and sales in fourth quarter

    Brown Forman beats estimates on earnings and sales in fourth quarter

    Luxury, Monday, 11 June 2018

    Luxury drinks company Brown Forman has posted its fourth straight quarter of earnings and sales beats, this time for the final quarter of fiscal 2018. Adjusted earnings came in at 23¢ per share - this is a decline of 24% year over year, but an expected one: the ...
  • LVMH might have embraced digital – but it has no plans to go tech-mad

    LVMH might have embraced digital – but it has no plans to go tech-mad

    Luxury, Friday, 08 June 2018

    Luxury titan LVMH might have invested in Lyst to spur digital innovation (see here), but investors needn’t worry that the company’s focus has changed. It’s still all about the luxury, and committed to continuing the journey that’s seen its ...
  • Marriott reveals plans to spend at least $500 million revamping Sheraton brand

    Marriott reveals plans to spend at least $500 million revamping Sheraton brand

    Luxury, Thursday, 07 June 2018

    The world’s largest luxury retailer, Marriott International, has unveiled plans to revamp its Sheraton Hotels and Resorts brand. The brand makes up 42% of the portfolio that Marriott picked up when it purchased Starwood Hotels and Resorts in 2016, and is ...
  • Tesla: shareholders side with Musk, share price jumps

    Tesla: shareholders side with Musk, share price jumps

    Luxury, Thursday, 07 June 2018

    Electric carmaker Tesla saw its share price jump this week when investors sided with the company’s besieged board. In May, the world’s second-biggest proxy adviser sided with an individual shareholder that opposed the re-election of three directors and ...
  • Inditex’s Zara looks to bridge the divide between offline and online

    Inditex’s Zara looks to bridge the divide between offline and online

    Luxury, Wednesday, 06 June 2018

    Zara, the flagship luxury brand of fast fashion expert Inditex, is looking to blur the lines between traditional and modern shopping experiences. Last month, the brand’s flagship store in London reopened, featuring a wide selection of digital aids to improve ...
  • Kering: Gucci’s great, but have you checked out Balenciaga?

    Kering: Gucci’s great, but have you checked out Balenciaga?

    Luxury, Tuesday, 05 June 2018

    It’s official: Balenciaga is growing fast than any other Kering brand. The luxury conglomerate, which has grown massively in recent years to become a company equal in scope to LVMH and Richemont, is often mentioned alongside its “flagship” brand, ...
  • Richemont pushes into second-hand luxury watch market

    Richemont pushes into second-hand luxury watch market

    Luxury, Monday, 04 June 2018

    Luxury titan Richemont is making moves to capture part of the second-hand luxury watch market. The company has acquired online and shop-based company Watchfinder for an undisclosed sum. It’s the latest step in Richemont’s ambitious retail expansion, ...
  • China is powering the luxury trend at all levels – and this is just the beginning

    China is powering the luxury trend at all levels – and this is just the beginning

    Luxury, Friday, 01 June 2018

    It’s common knowledge that China is a massive growth driver for luxury brands. Just yesterday, we published a report on the “Moonlight Clans” – luxury-obsesses millennial consumers – that were helping Gucci and other brands to hit new ...
  • Adidas is outplaying Nike in the World Cup

    Adidas is outplaying Nike in the World Cup

    Luxury, Friday, 01 June 2018

    Rival athleisure titans Adidas and Nike are in competition once again – this time over soccer World Cup shirt sponsorship deals. Each time the event rolls around, Adidas and its much larger rival compete to see who can get the most exposure. This time around, ...
  • China’s “Moonlight Clans” propel Gucci (and everyone else) to ever-greater heights

    China’s “Moonlight Clans” propel Gucci (and everyone else) to ever-greater heights

    Luxury, Thursday, 31 May 2018

    Iconic luxury brand player Gucci – the jewel in Kering’s crown – is on the rise. A recent report by Kantar Millward Brown states that Gucci’s brand value has skyrocketed over the past year by an incredible 66%, to $22.4 billion. Partly, this ...
  • EssilorLuxottica will redefine the $100 billion eyewear industry

    EssilorLuxottica will redefine the $100 billion eyewear industry

    Luxury, Wednesday, 30 May 2018

    The $100 billion eyewear industry is ruled by two titans: Essilor, which owns around 45% of the prescription lens market, and Luxottica, which owns around 25% of the frames market. If you wear glasses, you are almost certainly wearing a product designed by one or ...
  • Live Nation adds equality to its line up

    Live Nation adds equality to its line up

    Luxury, Wednesday, 30 May 2018

    Live entertainment specialist Live Nation is putting equality front and center with the creation of a new, female-friendly, fund. The Women Nation Fund is “an initiative aimed at securing early-stage investment in live music businesses led by women.” ...
  • Inside the incredible trend towards pet spending

    Inside the incredible trend towards pet spending

    Luxury, Tuesday, 29 May 2018

    May is National Pet Month. With this in mind, American brokerage firm TD Ameritrade conducted a survey of 1,500 millennials to investigate how their approach to pet ownership – and, crucially, what they are willing to spend on their pets – differs from ...