The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest more in the luxury fragrance sector and establish a beauty division. According to Richemont, the company is significantly increasing its investment...
How do you convince a generation unused to wearing wristwatches to change their habits? If you’re a luxury brand like Rolex and Cartier, you apparently try to court them using Snapchat and bitcoin. That’s according to a Fashion Network report, which noted research indicating luxury...
If you’ve ever shopped in midtown Manhattan, you know that you can buy a Louis Vuitton bag for $2,000 in Neiman Marcus or $20 from the guy across the street with a blanket full of “Louis Vuitton” bags. And without a close inspection, they often...
LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to a Tuesday (April 20) press release. The blockchain is called Aura Blockchain Consortium. Aura “represents a single, innovative solution to...
April 06, 2023
How do you convince a generation unused to wearing wristwatches to change their habits? If you’re a luxury brand like Rolex and Cartier, you apparently try to court them using Snapchat and bitcoin. That’s according to a Fashion Network report, which noted research indicating luxury spending by millennials and Generation Z consumers is expected to […]
April 20, 2021
LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to a Tuesday (April 20) press...
June 24, 2019
Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Brands like Bulgari, Cartier and Louis Vuitton...
December 05, 2016
The wealthy shoppers of China are returning home — to spend, that is. As noted by Reuters, the more affluent Chinese consumers are spending their wages at home, marking a resurgence...
