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What We’ve Read: How Selfies, The Sharing Economy and Sugar Daddies Are Boosting Luxury Profits

by

Iris Zhu

|

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Credit: This is the featured image credit

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

Over the last decade, collaborations between luxury brands and contemporary artists have gone beyond mere artistic partnerships towards a new kind of luxury branding.

PARIS – Art and fashion have always developed side by side, for fashion, like art, often gives visual expression to the cultural zeitgeist. During the 1920s, Salvador Dalí created dresses for Coco Chanel and Elsa Schiapparelli. In the 1930s, Ferragamo’s shoes commissioned designs for advertisements from Futurist painter Lucio Venna, while Gianni Versace commissioned works from artists such as Alighiero Boetti and Roy Lichtenstein for the launch of his collections. Yves Saint Laurent’s vast art collection, recently auctioned at Christie’s in Paris, testified to his great love of art and revealed the influence of a variety of artists on his own designs.

In the 1980s, relationships between luxury brands and artists were advanced when Alain Dominique Perrin created the Fondation Cartier. In the Fondation Cartier pour l’Art Contemporain, a book marking the foundation’s 20th anniversary, Perrin says he makes “a connection between all the different sorts of arts, and luxury goods are a kind of art. Luxury goods are handicrafts of art, applied art.”

The Fondation Cartier pour l’Art Contemparain building in Paris

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

How Selfies, The Sharing Economy and Sugar Daddies Are Boosting Luxury Profits

The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.

Read this on BOF.

It’s Official: China’s Luxury Market is Exploding, Fueled by Tesla, Apple

Skyrocketing prices for five-star hotels, top boarding schools, and rare liquors are boosting an already robust Consumer Price Index (CPI) for luxury goods in China, according to a report released by the Hurun Research Institute on September 6.

Read this on Jing Daily.

Prada Group Responds to Animal Rights Activists’ Efforts by Playing up Its Man-made Fibers and ‘Concrete Reduction’ of Fur

The company's statement noted how current advertising and storefront displays do not feature fur in any way.

Read this on WWD.

Facebook’s Head of Luxury on Interactivity, AR And VR

It is an undeniable fact that Internet users nowadays consume and share content primarily via mobile and video.

Read this on Luxury Daily.

Sephora’s New Omni-channel Retail Concept for China

Sephora announced its new concept “My Beauty Power Turn It On” at a press conference at the Shanghai Film Plaza late last month, saying the initiative is designed to help shoppers discover an individual and unique beauty, “and rediscover, lead
and create a new meaning of beauty that is distinct to them.”

Read this on Retail in Asia.

Iris Zhu

Senior Marketing & Communications Executive, Luxury Society

Before joining the Marketing & Communications department at DLG China, Iris was working with luxury brands to manage their physical store openings in China. She now also writes for Luxury Society.

RETAIL

What We’ve Read: How Selfies, The Sharing Economy and Sugar Daddies Are Boosting Luxury Profits

by

Iris Zhu

|

This is the featured image caption
Credit : This is the featured image credit

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

Over the last decade, collaborations between luxury brands and contemporary artists have gone beyond mere artistic partnerships towards a new kind of luxury branding.

PARIS – Art and fashion have always developed side by side, for fashion, like art, often gives visual expression to the cultural zeitgeist. During the 1920s, Salvador Dalí created dresses for Coco Chanel and Elsa Schiapparelli. In the 1930s, Ferragamo’s shoes commissioned designs for advertisements from Futurist painter Lucio Venna, while Gianni Versace commissioned works from artists such as Alighiero Boetti and Roy Lichtenstein for the launch of his collections. Yves Saint Laurent’s vast art collection, recently auctioned at Christie’s in Paris, testified to his great love of art and revealed the influence of a variety of artists on his own designs.

In the 1980s, relationships between luxury brands and artists were advanced when Alain Dominique Perrin created the Fondation Cartier. In the Fondation Cartier pour l’Art Contemporain, a book marking the foundation’s 20th anniversary, Perrin says he makes “a connection between all the different sorts of arts, and luxury goods are a kind of art. Luxury goods are handicrafts of art, applied art.”

The Fondation Cartier pour l’Art Contemparain building in Paris

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

How Selfies, The Sharing Economy and Sugar Daddies Are Boosting Luxury Profits

The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.

Read this on BOF.

It’s Official: China’s Luxury Market is Exploding, Fueled by Tesla, Apple

Skyrocketing prices for five-star hotels, top boarding schools, and rare liquors are boosting an already robust Consumer Price Index (CPI) for luxury goods in China, according to a report released by the Hurun Research Institute on September 6.

Read this on Jing Daily.

Prada Group Responds to Animal Rights Activists’ Efforts by Playing up Its Man-made Fibers and ‘Concrete Reduction’ of Fur

The company's statement noted how current advertising and storefront displays do not feature fur in any way.

Read this on WWD.

Facebook’s Head of Luxury on Interactivity, AR And VR

It is an undeniable fact that Internet users nowadays consume and share content primarily via mobile and video.

Read this on Luxury Daily.

Sephora’s New Omni-channel Retail Concept for China

Sephora announced its new concept “My Beauty Power Turn It On” at a press conference at the Shanghai Film Plaza late last month, saying the initiative is designed to help shoppers discover an individual and unique beauty, “and rediscover, lead
and create a new meaning of beauty that is distinct to them.”

Read this on Retail in Asia.

Iris Zhu

Senior Marketing & Communications Executive, Luxury Society

Before joining the Marketing & Communications department at DLG China, Iris was working with luxury brands to manage their physical store openings in China. She now also writes for Luxury Society.

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