Luxury Society’s selection of news articles that are not to be missed this week.
Redefine Tmall: A Mega App beyond Transaction
The Luxury Maisons’ Tmall Imperative report release by DLG guides luxury brands in optimising their…
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Luxury Society’s selection of news articles that are not to be missed this week.
1. Audemars Piguet CEO Sees Clientele Getting Younger
Francois-Henry Bennahmias, chief executive officer at Audemars Piguet, discusses the luxury watch industry, the demand for his products, who's buying the watches and the future of the industry.
Read this on Bloomberg.
2. Gens Y and Z Are Buying Lots of Luxury Stuff After All
An analysis of sales in 2017 shows 5 percent growth, most of which is attributed to younger buyers.
Read this on The New York Times.
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3. Giorgio Armani to Make Debut at Net-a-porter With Special Collection
A poetic, delicate pattern infused with an Oriental feel characterizes this timeless, elegant collection.
Read this on WWD.
4. Paul Newman's Rolex Daytona Sells For $17,752,500, Becoming The World's Most Expensive Wristwatch Ever Sold
The Paul Newman Daytona has overthrown the Patek Philippe 1518, at the Phillips New York City auction, by breaking the record as the world's most expensive watch ever sold.
Read this on Hodinkee.
5. Chinese and Millennial Shoppers Help Luxury Goods Sales Grow Faster than Expected
After a stalling in 2016, revenues from luxury goods are expected to rise 6 per cent in 2017.
Read this on Independent.
Cover image credit: Rolex
