What We've Read: Half Of Luxury Shoppers Are Discount-Oriented


Meaghan Corzine | August 06, 2018

Luxury Society’s selection of news articles that are not to be missed this week.

1. Why Nick Hayek Pulled The Swatch Group Out Of Baselworld

A frustrated Hayek issues a scathing indictment of Baselworld management. Baselworld disputes his account.

Read this on Hodinkee. 

2. LVMH's Excellent Earnings Report Raises Hopes For The Future

LVMH recently issued its second quarter 2018 report. Revenues increased 10% to €21.8 billion in the first half of 2018 compared to the same period in 2018. 

Read this on Forbes.

3. Burberry Rebrands Under Riccardo Tisci

A new logo and monogram are being unveiled as part of the British brand’s new identity under chief creative officer Riccardo Tisci.

Read this on Business of Fashion.

4. Half of luxury shoppers are discount-oriented: YouGov

Despite some deep pockets, global luxury shoppers are evenly split in their purchasing habits, with a new YouGov report finding that half only buy luxury items at a discount.

Read this on Luxury Daily.

5. Chinese E-Commerce Giants Battle for Luxury Supremacy

Alibaba’s Luxury Pavilion and’s Toplife are going head-to-head, but which of these specialised platforms is a better partner for luxury brands?

Read this on Business of Fashion.

Cover image credit: Free Photos CC/Pexels