With consumer spending growth slowing down in 2020, Deloitte’s latest research indicates that brands will need to maintain convenience and flexibility in order to prevail.
Farfetch’s latest acquisition of New Guards Group will see the online retailer leverage its data and retail capabilities along with New Guards’ strategic vision to help drive growth for the group’s brands and other emerging labels. As Farfetch makes the leap into brand building and development, is this a route that other multibrand retailers could follow?
Amid increasingly competitive e-commerce and business strategies, Swiss luxury watchmaker Audemars Piguet plans to cater to the booming $19.8 billion resale market.
From dressing your avatar in designer brands to geo-localized marketing, luxury brands are seeing huge opportunities in mobile-first advertising avenues.
Audemars Piguet and Prada are among the luxury brands connecting with consumers over art during the Hong Kong edition of Art Basel.
As more luxury shopping migrates online, retailers are finding ways to recreate the in-store experience in digital, allowing consumers to make more confident purchases.
