LUXURY

Condé Nast International Luxury Conference travels to South Korea for 2016

Florence hosted the conference this year As Condé Nast International Luxury Conference comes to a close in Florence, Italy this week, attendees and speakers anxiously wait for the 2016’s event in Seoul, South Korea. This year’s event brought together more than 500 individuals from 36 different countries to discuss the luxury industry. The location change to South Korea will allow guests to witness one of Asia’s largest luxury markets. Traveling

Mikimoto and Ladurée offer pearl-inspired macaroons

Ladurée and Mikimoto Japanese jeweler Mikimoto has teamed with French patisserie Ladurée to create a gift box representing both brands. Ladurée locations in New York will host the special box and Mikimoto’s store in the city will feature the macaroons in its window displays. Mikimoto will continue Ladurée’s collaborations with fashion brands, and Ladurée’s presence in Mikimoto’s windows will drive attention to its collections. Edible collaborations From April 24 until

Eleven James makes luxury timepieces accessible with lower-priced membership

Eleven James logo Membership-based horology club Eleven James is making luxury watches more affordable with its new Enthusiast Collection. Priced at $149 per month, the Enthusiast Collection is designed as an entry point to timepieces from Cartier or  Rolex, letting consumers enjoy three watches at a time for four months. For millennials who may be wary of making an investment of thousands of dollars, this plan grants access to brands

Hermès CEO: Heritage brands must adapt to remain relevant

Hermès spring/summer 2015 campaign FLORENCE, Italy – Since its founding in 1837, Hermès has had to adapt to changing times, requiring a balance of modernity with tradition, according to the brand’s CEO at the Condé Nast International Luxury Conference April 22. Helping it remain a presence over the years has been Hermès’ willingness to embrace new methods of communication and adapt its existing craftsmanship when working with what materials are available.

Four Seasons assumes operations at renowned hotel

Grand-Hotel du Cap-Ferrat Four Seasons Hotels and Resorts will be obtaining management of the Grand-Hotel du Cap Ferrat set along the Mediterranean coastline in the South of France. The hotel has been deemed a landmark in the area and has preciously been operated by The Leading Hotels of The World. Four Seasons will align itself with the rich history of the hotel and its prime location along the Mediterranean. Expanding

Luxury brands must target new face of mass market: report

Michael Kors menswear Luxury brands have an opportunity to appeal to an increasingly relevant group of consumers known as the HENRYs, or High-Earners-Not-Yet-Rich, who have more spending power than the middle class and may eventually become wealthy in the future, according to a new report by Unity Marketing. As middle-class consumers lose discretionary spending power, and the gap between the rich and poor widens, it is increasingly important for brands

Oscar de la Renta expands international shipping through Borderfree

Oscar de la Renta ships internationally through Borderfree U.S. fashion house Oscar de la Renta is now offering international consumers shipping options available through its ecommerce site. Oscar de la Renta notified its consumers of the updated shipping options through an email blast with a subject line reading, “New! International shipping directly through our site.” Previously, those consumers outside Oscar de la Renta’s shipping radius had to rely on third

Cloud beats in-house platforms for ecommerce agility, growth: L2

Promotional image by Yoox, an ecommerce platform that recently merged with Net-A-Porter Maintaining an in-house ecommerce platform is highly demanding, making a cloud-based solution the shrewdest move for brands lacking serious cash-flow and a digitally-oriented management team, according to a new report by L2 and Demandware. Trailblazing brands such as Burberry and Gucci adopted in-house ecommerce platforms early on and are now seeing their investments stagnate as brands with cloud-based platforms

Diane von Furstenberg named Icon in The Time 100

Diane von Furstenberg is a Time 100 icon U.S. fashion designer Diane von Furstenberg has been selected by Time magazine as one of 2015’s 100 Most Influential People. The annual Time magazine listing, first published in 1999 and organized by the publication’s editors, honors individuals who have changed the world, in good ways and bad. By being recognized by Time magazine, an issue now rooted in American culture, readers unfamiliar

Armani updates Milan boutique to celebrate 40th anniversary

Armani’s Milan boutique Italy’s Giorgio Armani reopened its Milanese flagship April 8, after the space underwent a complete redesign. Located on Via Montenapoleone, the Armani boutique is housed within the historic Palazzo Taverna, given its historical setting updating the storefront helps the brand to show its modernity. To this effect, Armani’s store renovation comes as the brand is celebrating its 40th anniversary. New digs Armani’s flagship was completely redesigned by