New consumers, new business models and changes in the retail space are all helping to reshape the state of the e-commerce within the luxury industry, according to DLG’s (Digital Luxury Group) Chief Executive and Founder David Sadigh.
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Can Voice Technology Reshape The Luxury Experience?
With voice retail expected to reach $40 billion in value over the next three years, what impact will this technology have on the luxury industry should it become a mainstream feature of e-commerce?
For Luxury Watches, E-Commerce Represents Fastest Growth in Customer Conversion
Last year, growth in online traffic from e-commerce markets outpaced that of non e-commerce markets by almost 4 times, according to the WorldWatchReport Benchmark, an exclusive industry indicator of the luxury watch and jewellery sector.
Luxury Smartwatch Interest is Growing, But Traditional Timepieces Still Tick the Box
Interest in the luxury smartwatch category is growing particularly for specific brands, but has not outpaced demand for more traditional timepieces, according to research conducted by DLG and published in The New York Times.
Can Blockchain Transform the Luxury Industry?
A growing number of players in the luxury industry like Vacheron Constantin, LVMH and Farfetch are embracing blockchain technology, marking a significant shift in the market towards the use of…
Asian Millionaires Favour Experiences Over Luxury Goods – Agility
When it comes to luxury spending, Asian millionaires are shifting their priorities towards travel experiences, valuing health and well-being over personal luxury goods.
Simone Gibertoni on Clinique La Prairie: “We Want to Be Part of a Customer’s Life Journey”
In an exclusive interview, Clinique La Prairie chief executive Simone Gibertoni talks through his long-term vision and expansion plans for the award-winning medical spa and on why luxury experiences in…