Luxury Consumer Stories

  • Marriott takes aim at Airbnb

    Marriott takes aim at Airbnb

  • When it comes to athleisure, running clubs are the new influencer

    When it comes to athleisure, running clubs are the new influencer

  • Stella McCartney has jumped-ship to LVMH

    Stella McCartney has jumped-ship to LVMH

  • Ferrari deepens its hold on the auto industry’s wealthiest clients

    Ferrari deepens its hold on the auto industry’s wealthiest clients

  • Want to go viral? Inditex has the magic

    Want to go viral? Inditex has the magic

  • Adidas pledges to offer more support to minority employees

    Adidas pledges to offer more support to minority employees

  • Galaxy Macau revamp underway in show of confidence from owner

    Galaxy Macau revamp underway in show of confidence from owner

  • Hermes US boss sees in-store retailing “here for a while”

    Hermes US boss sees in-store retailing “here for a while”

  • Farfetch is all about sustainable fashion

    Farfetch is all about sustainable fashion

  • Constellation Brands brings wine in a can to American Football fans

    Constellation Brands brings wine in a can to American Football fans

  • Gucci banks on high-end jewellery for further growth

    Gucci banks on high-end jewellery for further growth

  • Nike’s fiscal fourth quarter was great for revenue – but currency effects hit earnings

    Nike’s fiscal fourth quarter was great for revenue – but currency effects hit earnings

  • It was a bold move, but Spotify puts an end to indie artists

    It was a bold move, but Spotify puts an end to indie artists

  • Royal Caribbean extends fleet, moves towards greener operations

    Royal Caribbean extends fleet, moves towards greener operations

  • Pernod Ricard looks to optimise supply chain with AI and machine learning

    Pernod Ricard looks to optimise supply chain with AI and machine learning

  • Constellation Brands sees success in first quarter

    Constellation Brands sees success in first quarter

  • Kering has a new target: violence against women

    Kering has a new target: violence against women

  • Macau casinos leverage AI and facial recognition for further growth

    Macau casinos leverage AI and facial recognition for further growth

  • Marriott wants to push further into travel & homesharing

    Marriott wants to push further into travel & homesharing

  • LVMH makes bold inclusivity statement with support of LGBTQ rights

    LVMH makes bold inclusivity statement with support of LGBTQ rights

  • Ferrari’s luxury pedigree is on proud display as icon model classified “work of art”

    Ferrari’s luxury pedigree is on proud display as icon model classified “work of art”

  • Hermes moves into “bespoke” items… like fishing sets!

    Hermes moves into “bespoke” items… like fishing sets!

  • Inditex’s new growth strategy – cut stores, boost space

    Inditex’s new growth strategy – cut stores, boost space

  • Marriott puts innovation first and sees huge opportunities for growth

    Marriott puts innovation first and sees huge opportunities for growth

  • Is Grand Theft Auto 6 closer than gamers think?

    Is Grand Theft Auto 6 closer than gamers think?

  • Estee Lauder moves to fight animal cruelty

    Estee Lauder moves to fight animal cruelty

  • Kering CEO: more than 50% of customers for “some brands” are millennials and Gen Z

    Kering CEO: more than 50% of customers for “some brands” are millennials and Gen Z

  • Farfetch joins Facebook’s Libra initiative

    Farfetch joins Facebook’s Libra initiative

  • Royal Caribbean is leading the way towards “data-driven cruising”

    Royal Caribbean is leading the way towards “data-driven cruising”

  • Will Take-Two Interactive have another smash hit franchise on its hands with The Outer Worlds?

    Will Take-Two Interactive have another smash hit franchise on its hands with The Outer Worlds?

  • Pernod Ricard buys majority stake in Rabbit Hole Whiskey

    Pernod Ricard buys majority stake in Rabbit Hole Whiskey

  • Record sales demonstrate Inditex’s expansion is a great success

    Record sales demonstrate Inditex’s expansion is a great success

  • Starbucks’ secret innovation lab is the key to its future

    Starbucks’ secret innovation lab is the key to its future

  • Spotify is winning the war in India

    Spotify is winning the war in India

  • Farfetch to sell on China’s JD.com platform

    Farfetch to sell on China’s JD.com platform

  • Live Nation begins investing in female-led companies

    Live Nation begins investing in female-led companies

  • Marriott drives deeper into the experiential

    Marriott drives deeper into the experiential

  • Adidas continues fight to save oceans from plastic waste

    Adidas continues fight to save oceans from plastic waste

  • Meet Spotify’s newest stars – the Obamas!

    Meet Spotify’s newest stars – the Obamas!

  • Kering turns to artificial intelligence to continue growth trajectory

    Kering turns to artificial intelligence to continue growth trajectory

  • Take-Two CEO: don’t overestimate the impact of Fortnite on the industry

    Take-Two CEO: don’t overestimate the impact of Fortnite on the industry

  • LVMH experiencing “unheard of growth rates” in China

    LVMH experiencing “unheard of growth rates” in China

  • Inditex gets a new CEO – but don’t worry, Pablo Isla isn’t going anywhere!

    Inditex gets a new CEO – but don’t worry, Pablo Isla isn’t going anywhere!

  • Idexx Laboratories says millennials will continue to drive pet-care craze through the roof

    Idexx Laboratories says millennials will continue to drive pet-care craze through the roof

  • Ferrari has embraced electrification – and now, we have the proof

    Ferrari has embraced electrification – and now, we have the proof

  • Anta Sports hits back at short-sellers, as Lululemon founder takes a stake

    Anta Sports hits back at short-sellers, as Lululemon founder takes a stake

  • Galaxy Entertainment Group: Ted Chan talks Japan

    Galaxy Entertainment Group: Ted Chan talks Japan

  • Kering to ban fashion houses from using “underage” models

    Kering to ban fashion houses from using “underage” models

  • Moncler’s new strategy continues to pay off – sales rose 14% in the first quarter

    Moncler’s new strategy continues to pay off – sales rose 14% in the first quarter

  • Live Nation’s Rapino named most impactful executive in music by Pollstar

    Live Nation’s Rapino named most impactful executive in music by Pollstar

Latest Luxury Stories

  • Marriott takes aim at Airbnb

    Marriott takes aim at Airbnb

    Luxury, Friday, 19 July 2019

    The world’s largest luxury hotelier, Marriott International, has homestay market leader Airbnb firmly in its sights. The larger company, however, is not trying to muscle Airbnb out of the space by cloning its business model – rather, it’s proposing ...
  • When it comes to athleisure, running clubs are the new influencer

    When it comes to athleisure, running clubs are the new influencer

    Luxury, Thursday, 18 July 2019

    Global athleisure giants like Under Armour and Adidas have found a new type of influencer – but this one doesn’t live on Instagram. Running clubs, whose membership consists of amateur urban athletes that take to city streets in the mornings, evenings, ...
  • Stella McCartney has jumped-ship to LVMH

    Stella McCartney has jumped-ship to LVMH

    Luxury, Wednesday, 17 July 2019

    High-end eponymous fashion brand Stella McCartney has announced that it has joined the world’s largest luxury company, LVMH. This will come as a surprise to many. Almost a year and a half ago, then-owner Kering sold back its 50% stake in Stella McCartney to ...
  • Ferrari deepens its hold on the auto industry’s wealthiest clients

    Ferrari deepens its hold on the auto industry’s wealthiest clients

    Luxury, Tuesday, 16 July 2019

    If you spent your youth dreaming about owning the best supercar money could buy, Ferrari might have just what you’re looking for. The world’s most iconic luxury supercar maker is known for its flawless design, racing pedigree, exclusivity, and high-price ...
  • Want to go viral? Inditex has the magic

    Want to go viral? Inditex has the magic

    Luxury, Tuesday, 16 July 2019

    In the marketing, creative, and PR worlds, the term “viral” doesn’t refer to being laid up with the flu – it describes the impact created when a piece of content becomes suddenly popular on the internet and starts being shared organically. ...
  • Adidas pledges to offer more support to minority employees

    Adidas pledges to offer more support to minority employees

    Luxury, Monday, 15 July 2019

    Sneaker-selling athleisure giant Adidas has recently reaffirmed its commitment to look after staff no matter their gender, sexuality, or racial identity. The company has come under fire recently as anonymous sources have spoken to the media about alleged ...
  • Galaxy Macau revamp underway in show of confidence from owner

    Galaxy Macau revamp underway in show of confidence from owner

    Luxury, Friday, 12 July 2019

    Galaxy Entertainment Group has confirmed that its flagship property, the Galaxy Macau resort on Cotai, is undergoing significant renovations. Along with other Galaxy properties, this renovation will cost $190 million – that’s a significant investment, ...
  • Hermes US boss sees in-store retailing “here for a while”

    Hermes US boss sees in-store retailing “here for a while”

    Luxury, Thursday, 11 July 2019

    Bob Chavez, US CEO of international luxury super-brand Hermes, recently spoke at the graduation ceremony of the Savannah College of Art and Design’s class of 2019. In conversation with the institution’s president, Paula Wallace, Chavez shone a light on ...
  • Farfetch is all about sustainable fashion

    Farfetch is all about sustainable fashion

    Luxury, Thursday, 11 July 2019

    The fashion world’s foremost online sales platform, Farfetch, is all about sustainability. In championing the cause, Farfetch is leading a wider trend in the fashion world, which has become increasingly aware of its environmental impact in recent years. ...
  • Constellation Brands brings wine in a can to American Football fans

    Constellation Brands brings wine in a can to American Football fans

    Luxury, Wednesday, 10 July 2019

    Constellation Brands, the alcoholic drinks giant behind market-leading beer brands like Corona and Modello, is looking to find a giant new audience this summer: football fans who want their wine in a can. The company said that it has partnered with the NFL to ...
  • Gucci banks on high-end jewellery for further growth

    Gucci banks on high-end jewellery for further growth

    Luxury, Tuesday, 09 July 2019

    Iconic fashion brand Gucci, the jewel in luxury giant Kering’s crown of brands, has branched out into the world of high-end jewellery. Last Tuesday, the brand made its first foray into this world with a dedicated store in Paris, which it hopes will extend its ...
  • Nike’s fiscal fourth quarter was great for revenue – but currency effects hit earnings

    Nike’s fiscal fourth quarter was great for revenue – but currency effects hit earnings

    Luxury, Monday, 08 July 2019

    Footwear specialist athleisure giant Nike reported fourth quarter earnings at the end of June, painting a mixed picture for analysts. On the one hand, the business looked strong – higher revenues and inward investment into the types of architecture that will ...
  • It was a bold move, but Spotify puts an end to indie artists

    It was a bold move, but Spotify puts an end to indie artists

    Luxury, Friday, 05 July 2019

    Music streaming market leader Spotify has officially announced the end of its experiment with independent artists. The company has previously allowed unsigned artists to upload music directly onto its platform in exchange for 50% pf the revenue – that’s ...
  • Royal Caribbean extends fleet, moves towards greener operations

    Royal Caribbean extends fleet, moves towards greener operations

    Luxury, Thursday, 04 July 2019

    Global cruise company Royal Caribbean has announced that it’s increasing capacity with a new Icon-class cruise liner which will be delivered in 2025. This ship will join two previously commissioned Icon-class ships, which will be delivered in 2022 and 2024 ...
  • Pernod Ricard looks to optimise supply chain with AI and machine learning

    Pernod Ricard looks to optimise supply chain with AI and machine learning

    Luxury, Thursday, 04 July 2019

    Artificial Intelligence (AI) and machine learning are all the range in today’s world – and it seems as though a diverse set of top companies from a variety of sectors are showing an interest in the tech. Now, you can add one more name to the list: ...
  • Constellation Brands sees success in first quarter

    Constellation Brands sees success in first quarter

    Luxury, Wednesday, 03 July 2019

    Constellation Brands, the alcoholic beverage giant behind market-leading brands like Corona beer and Svedka Vodka, reported earnings for the first quarter of fiscal 2020 at the end of last week. Higher sales amid a portfolio restructure reassured investors and sent ...
  • Kering has a new target: violence against women

    Kering has a new target: violence against women

    Luxury, Wednesday, 03 July 2019

    French luxury giant Kering, the company behind world-class brands like Gucci and Yves Saint Laurent, has a new goal in its sights. But this time, it’s not the creation of a stylish new trend to debut on catwalks in Paris, Milan, or London; and it’s not a ...
  • Macau casinos leverage AI and facial recognition for further growth

    Macau casinos leverage AI and facial recognition for further growth

    Luxury, Tuesday, 02 July 2019

    Gaming companies in luxury hotspot Macau have got a secret weapon in their arsenal: big tech. Resorts in the world’s gaming epicentre are deploying facial recognition technology and artificial intelligence in a bid to better service guests, and optimise the ...
  • Marriott wants to push further into travel & homesharing

    Marriott wants to push further into travel & homesharing

    Luxury, Monday, 01 July 2019

    Marriott International is a powerhouse within the luxury sector. Already the world’s biggest hotelier, it includes some of the hospitality industries most sought after brands. Now, it wants to push further into the travel industry, becoming a part of its ...
  • LVMH makes bold inclusivity statement with support of LGBTQ rights

    LVMH makes bold inclusivity statement with support of LGBTQ rights

    Luxury, Friday, 28 June 2019

    The world’s biggest luxury company, LVMH, is making a commitment to protect and support the rights of LGBTQ people when it signs the UN Standards of Conduct for Business this month. It’s a step guaranteed to protect the human rights of all LGBTQ people ...
  • Ferrari’s luxury pedigree is on proud display as icon model classified “work of art”

    Ferrari’s luxury pedigree is on proud display as icon model classified “work of art”

    Luxury, Thursday, 27 June 2019

    Luxury supercar maker Ferrari, arguably one of the world’s most iconic and exclusive brands, has just been awarded a unique, and telling, compliment by Italian courts. In an unprecedented move, the Italian commercial tribunal in Bologna has decreed that the ...
  • Hermes moves into “bespoke” items… like fishing sets!

    Hermes moves into “bespoke” items… like fishing sets!

    Luxury, Wednesday, 26 June 2019

    Hermes, a longstanding member of luxury’s upper echelon of brands, is focussing increasingly on “bespoke” items – limited editions that cater specifically to personalised tastes. A great example of this strategy is the company’s new ...
  • Inditex’s new growth strategy – cut stores, boost space

    Inditex’s new growth strategy – cut stores, boost space

    Luxury, Wednesday, 26 June 2019

    Spanish fast-fashion giant Inditex is in the throes of a successful transformation. The company is pushing all its brands online, and pumping money into ecommerce, while at the same time winding down its number of offline stores. But don’t be fooled into ...
  • Marriott puts innovation first and sees huge opportunities for growth

    Marriott puts innovation first and sees huge opportunities for growth

    Luxury, Tuesday, 25 June 2019

    Luxury hotelier Marriott International, the world’s largest, says that it sees huge potential for worldwide growth, and encodes a love of change and innovation right into its DNA. In a recent interview with Barron’s, CEO Arne Sorenson (who recently ...
  • Is Grand Theft Auto 6 closer than gamers think?

    Is Grand Theft Auto 6 closer than gamers think?

    Luxury, Tuesday, 25 June 2019

    Video game developer and publisher Take-Two Interactive has been making headlines for the success of its long-awaited sequel to breakout hit Red Dead Redemption. But something even bigger than Red Dead 2 may be n the horizon. Arguably the company’s biggest ...
  • Estee Lauder moves to fight animal cruelty

    Estee Lauder moves to fight animal cruelty

    Luxury, Monday, 24 June 2019

    In a world where everyone under 30 seems to be experimenting with veganism, and an environmental crisis looms, animal cruelty is a hot-button issue. Cosmetics giant Estee Lauder has become the latest luxury name to stand up and demand better treatment for animals in ...
  • Kering CEO: more than 50% of customers for “some brands” are millennials and Gen Z

    Kering CEO: more than 50% of customers for “some brands” are millennials and Gen Z

    Luxury, Friday, 21 June 2019

    Luxury giant Kering is making strong headway with the Millennial Generation and Gen Z – those, respectively, between 22 and 37 years old, and the generation that comes after them. In an interview with Barron’s (which recently named him one of the ...
  • Farfetch joins Facebook’s Libra initiative

    Farfetch joins Facebook’s Libra initiative

    Luxury, Thursday, 20 June 2019

    Farfetch, the luxury fashion world’s premier digital platform, has declared that it’s all-in on Facebook’s ambitious new Libra project. For those not in the know, the social media giant has announced a plan to develop its own cryptocurrency. ...
  • Royal Caribbean is leading the way towards “data-driven cruising”

    Royal Caribbean is leading the way towards “data-driven cruising”

    Luxury, Wednesday, 19 June 2019

    The travel sector is in the midst of an on-going digital revolution, and the cruise industry is no exception. With the rise of connectivity and big data, the potential is there for cruising to transform itself, improving customer experiences beyond simply updating ...
  • Will Take-Two Interactive have another smash hit franchise on its hands with The Outer Worlds?

    Will Take-Two Interactive have another smash hit franchise on its hands with The Outer Worlds?

    Luxury, Tuesday, 18 June 2019

    Hot off the E3 conference – video gaming’s yearly expo where all the big titles are announced – Take Two fans (and, consequently, investors, have something to get excited about: a new intellectual property that looks like it has the legs to become ...
  • Pernod Ricard buys majority stake in Rabbit Hole Whiskey

    Pernod Ricard buys majority stake in Rabbit Hole Whiskey

    Luxury, Tuesday, 18 June 2019

    Drinks giant Pernod Ricard is looking to boost its presence in the bourbon category by taking a majority stake in Rabbit Hole Whiskey. Based in Louisville, Kentucky, Rabbit Hole specialises in whiskies and gin. Although founder Kaveh Zamanian will retain the ...
  • Record sales demonstrate Inditex’s expansion is a great success

    Record sales demonstrate Inditex’s expansion is a great success

    Luxury, Monday, 17 June 2019

    Inditex is riding a wave of expansion, with the latest market it’s washing into being Brazil. The company recently launched its flagship Zara brand online in the country, and has seen staggering success. Brazil is not the only location that has demonstrated ...
  • Starbucks’ secret innovation lab is the key to its future

    Starbucks’ secret innovation lab is the key to its future

    Luxury, Monday, 17 June 2019

    Starbucks is a major force on the high street, and the undeniable coffeehouse kingpin. But that doesn’t mean it can rest on its laurels. Strong competitors at home in the west, and Chinese upstart Luckin Coffee in Starbucks’ second market, are putting ...
  • Spotify is winning the war in India

    Spotify is winning the war in India

    Luxury, Friday, 14 June 2019

    Global music streaming market leader Spotify is winning the war for Indian ears. The company made a bold push into the country recently, in an effort to drum up international subscribers in one of the world’s most viable market. This month, we found out that ...
  • Farfetch to sell on China’s JD.com platform

    Farfetch to sell on China’s JD.com platform

    Luxury, Friday, 14 June 2019

    Farfetch limited, the world’s leading tech platform for the luxury fashion industry, has announced that it’s developing a closer partnership with China’s second-biggest online retailer, JD.com. JD is not just an ecommerce specialist – ...
  • Live Nation begins investing in female-led companies

    Live Nation begins investing in female-led companies

    Luxury, Thursday, 13 June 2019

    Live entertainment market leader Live Nation has begun its strategy of investing in female-led companies. This move, which will see Live Nation continue its pivot towards a more inclusive social ethos and gain a strategic advantage through the exploration of an ...
  • Marriott drives deeper into the experiential

    Marriott drives deeper into the experiential

    Luxury, Wednesday, 12 June 2019

    The world’s largest luxury hotel group, Marriott International, has an ace up its sleeve when it comes to delivering the kind of high-quality service guests crave: a deeper understanding of what has become known as the “experiential”. This term ...
  • Adidas continues fight to save oceans from plastic waste

    Adidas continues fight to save oceans from plastic waste

    Luxury, Wednesday, 12 June 2019

    Sneaker giant Adidas is more than just a great athleisure brand – it’s also making a real difference in the fight against an environmental crisis. This brand value, which has instrumental in capturing the attention of clean and green millennials around ...
  • Meet Spotify’s newest stars – the Obamas!

    Meet Spotify’s newest stars – the Obamas!

    Luxury, Tuesday, 11 June 2019

    You may have heard of music streaming market leader Spotify’s latest superstars: Barack and Michelle Obama. The former president and first lady have agreed to produce a series of podcasts for Spotify through their production company Higher Ground. Higher ...
  • Kering turns to artificial intelligence to continue growth trajectory

    Kering turns to artificial intelligence to continue growth trajectory

    Luxury, Tuesday, 11 June 2019

    French luxury giant Kering, the company behind high-end fashion brands like Gucci, is turning to artificial intelligence (AI) to ensure that growth continues to impress. Over the last six years, online sales have risen an average of 41% per year – that’s ...
  • Take-Two CEO: don’t overestimate the impact of Fortnite on the industry

    Take-Two CEO: don’t overestimate the impact of Fortnite on the industry

    Luxury, Monday, 10 June 2019

    In the video game industry, one title has made consistent headlines and become something of a phenomenon: Fortnite. This battle royale shooter (in other words, an open digital world where multiple players roam the landscape looking for weapons to annihilate each ...
  • LVMH experiencing “unheard of growth rates” in China

    LVMH experiencing “unheard of growth rates” in China

    Luxury, Monday, 10 June 2019

    With trade wars and economic downturns making frequent headlines, it’s nice to see some good news coming out of China. Particularly, given how much of the luxury sector the country powers, if you happen to be a luxury investor. Now, the world’s largest ...
  • Inditex gets a new CEO – but don’t worry, Pablo Isla isn’t going anywhere!

    Inditex gets a new CEO – but don’t worry, Pablo Isla isn’t going anywhere!

    Luxury, Friday, 07 June 2019

    Spanish fast-fashion giant Inditex has long been in possession of an important advantage in the business world: a superstar CEO, Pablo Isla. Now, he’s making room at the top for someone else. Inditex’s long-running chief operating officer, Carlos Crespo, ...
  • Idexx Laboratories says millennials will continue to drive pet-care craze through the roof

    Idexx Laboratories says millennials will continue to drive pet-care craze through the roof

    Luxuy, Friday, 07 June 2019

    Idexx Laboratories has been on a roll this year. And it sees the good times continuing. Why? The answer is one simple word: millennials. These young adults are treating their pets like the children that many of them have decided not to have (or delay having). That ...
  • Ferrari has embraced electrification – and now, we have the proof

    Ferrari has embraced electrification – and now, we have the proof

    Luxury, Thursday, 06 June 2019

    It’s official, Ferrari – probably the world’s most exclusive luxury supercar-maker – has embraced electrification. This month, the company revealed its first ever production-volume hybrid supercar: the 1,000 horsepower SF90 Stradale. The ...
  • Anta Sports hits back at short-sellers, as Lululemon founder takes a stake

    Anta Sports hits back at short-sellers, as Lululemon founder takes a stake

    Luxury, Thursday, 06 June 2019

    Blue Orca Capital, a somewhat notorious short-seller that has caused pain for major companies like Samsonite in the past, has Anta Sports in its sights. But the Chinese sporting giant isn’t going down without a fight… and at least one industry giant ...
  • Galaxy Entertainment Group: Ted Chan talks Japan

    Galaxy Entertainment Group: Ted Chan talks Japan

    Luxury, Wednesday, 05 June 2019

    Who’s Ted Chan? He’s gaming giant Galaxy Entertainment Group’s chief operating officer for Japan. In other words, if you want to know about the imminent world of “integrated resorts” in Japan, he’s the man to talk to. An ...
  • Kering to ban fashion houses from using “underage” models

    Kering to ban fashion houses from using “underage” models

    Luxury, Tuesday, 04 June 2019

    French luxury giant Kering has announced that none of its fashion houses going forward will employ models below the age of eighteen. The company, which owns brands like Gucci, Saint Laurent, and Alexander McQueen, is being lauded by industry voices as a result, with ...
  • Moncler’s new strategy continues to pay off – sales rose 14% in the first quarter

    Moncler’s new strategy continues to pay off – sales rose 14% in the first quarter

    Luxury, Monday, 03 June 2019

    Italian outerwear maker Moncler – once famous for its stylish ski-wear, now a more well-rounded fashion house – has seen incredible, and consistent, success with its new strategy: the Genius collections. Genius is a term to describe new collections that ...
  • Live Nation’s Rapino named most impactful executive in music by Pollstar

    Live Nation’s Rapino named most impactful executive in music by Pollstar

    Luxury, Friday, 31 May 2019

    Michael Rapino, the CEO of live entertainment powerhouse Live Nation, has been named the most impactful man in music by Pollstar, a live business industry publication. Rapino was named as one of the magazine’s inaugural “Impact 50” which attempts ...