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Hermès debuts exclusive collection for luxury travelers

The Heure H Rose Tyrien collection by Hermès French apparel and accessories house Hermès is giving travelers a special summer treat thanks to its latest collaboration with DFS Group. For the second year in a row, Hermès will introduce a limited-edition watch collection to be sold exclusively at DFS stores around the world. Partnering with other brands for unique initiatives can help luxury brands remain fresh and exciting and motivate

Migration to ecommerce most pronounced in luxury fashion

Men’s section of Bloomingdale’s in Palo Alto Within the luxury industry, fashion brands are seeing the gap between in-store and online sales close at the sharpest rate, according to a new report by the Luxury Institute. Convenience, better prices and wider product selection are driving consumers away from stores to ecommerce marketplaces. However, this ongoing shift away from physical locations should not spur brands to go on a store-shuttering spree,

98pc of mobile purchases are remote: Euromonitor

Four Seasons mobile app NEW YORK – For all the excitement surrounding proximity-based purchases, the vast majority of mobile sales occur remotely, according to a Euromonitor analyst at the Mobile Research Summit June 18. Proximity-based mobile payments allow retailers to tie together the purchase journey, since the prerequisite accounts follow consumers as they progress toward a sale. Although adoption rates remain marginal, poster child success stories such as Starbucks have established