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Bottega Veneta CEO: Short-term decisions must mirror long-term goals
Bottega Veneta resort 2012 NEW YORK – Luxury brands’ core values must match their long-term goals if they wish to be successful and grow their market share in the current unstable economy, according to...
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Preparing for a mobile-led shift in consumer behavior
Mickey Alam Khan is editor in chief of Luxury Daily Discussions around mobile in 2013 should no longer focus only on technology or marketing, but include a harsh reality about to hit marketers:...
View ArticleImpacting shopping, 4 distinct consumer behavior trends emerging during...
Per the first edition of the EY Future Consumer Index, the segments are “Cut deep,” “Stay calm, carry on,” “Save and stockpile” and “Hibernate and spend.”
View Article44pc of consumers do not trust product sustainability claims
COVID-19 has increased consumer awareness and commitment to buying sustainably even more than before, adding urgency to an issue that is accelerating with the ongoing public health crisis worldwide.
View ArticleLuxury brands should cater to consumers socializing at home
COVID-19 has transformed the retail and hospitality businesses as consumers become more locally focused, forcing companies to adjust their service offerings to to connect with their audience during...
View ArticleLong-term remote work may have implications beyond the pandemic
Since working from home full-time for the past six months, many employees in the United States are not keen on returning to the office — a shift that may have lasting effects across all sectors.
View ArticleConsumer privacy concerns grow with social commerce popularity
While ecommerce and social shopping are accelerating, consumer confidence in the privacy and security of omnichannel payments is low, according to data security and compliance consultancy Semafone.
View ArticleCOVID-19 led to fundamental shifts in business: De Beers Group exec
NEW YORK — The COVID-19 pandemic, matched with the Black Lives Matter movement and various environmental crises, has led to a seismic shift in social behavior and consumption — a reexamination for the...
View ArticleMobile reigns supreme as holiday shopping channel
As the second holiday shopping season impacted by the COVID-19 pandemic gets underway, consumers remain dedicated to shopping via mobile devices.
View ArticleMythbusting Gen Z: The truth behind this buzzing generation
Gen Z is a hot topic, especially when it comes to fashion, social platforms and digitalization, but with widespread talk comes a few misconceptions about the cohort.
View ArticlePandemic shifted family dynamic, shopping behavior: report
While vaccines have been distributed for more than a year and most safety restrictions have been lifted, the COVID-19 pandemic continues to shape how people live, what they value and how they shop.
View ArticleUnderstanding segmented consumer types critical to brand growth: Euromonitor
When it comes to gaining a truly comprehensive analysis of shopping behavior, demographic data and regional statistics are not enough.
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