Digital cannibalizing bricks-and-mortar sales, earnings: report
As retailers invest in digital sales channels, it is eating into their bricks-and-mortar sales and earnings, according to a new report from HRC Advisory.
Click here to read the entire article on Luxury Daily

Announcing Luxury Daily’s Mobile Insights Summit 2016 New York June 23
Register now for Luxury Daily’s Mobile Insights Summit 2016, the nation’s only data-led executive conference discussing how evolving mobile consumer behavior is affecting brands and retailers’ marketing, retail, media and digital efforts. Analyst speakers from Deloitte, Strategy Analytics, GfK, BIA/Kelsey, McCann Truth Central, Shullman Research Center and Boston Retail Partners.
Click here to read the entire article on Luxury Daily

Kering benchmarks environmental progress through public report
Fashion and lifestyle conglomerate Kering is keeping transparent by releasing the results of its four-year sustainability targets established in 2012.
Click here to read the entire article on Luxury Daily

Net-A-Porter taps Alessandro Michele’s growing popularity for one-off line
Online retailer Net-A-Porter is adding Gucci’s Alessandro Michele to its long list of brand collaborators.
Click here to read the entire article on Luxury Daily

Barneys gathers personal profiles from barber’s chair
Department store chain Barneys New York is opening a window on the community surrounding its downtown flagship with a trip to the barbershop.
Click here to read the entire article on Luxury Daily

Hotels make lasting impressions with food, service on Mother’s Day
Mother’s Day may not be a holiday for travel, but that does not mean hotels sit the day out.
Click here to read the entire article on Luxury Daily

Housing market enters slump as prices fall for first time since 2011: Redfin
The luxury housing market is in a slump, with prices falling 1.1 percent in the first quarter of 2016 compared to the year-ago period, according to a new report from Redfin.
Click here to read the entire article on Luxury Daily

Lincoln highlights service upgrades to entice affluent clientele
U.S.-based Lincoln Motor Company is appealing to the affluent with the 2017 Lincoln Continental.
Click here to read the entire article on Luxury Daily

Mobile payments lag in travel sector, tablets still a big driver
While 32 percent of overall online payments were made on a mobile device in the first quarter of 2016, in the travel sector, the share drops to 15 percent, pointing to an opportunity to extend the reach of smartphones in the travel experience, according to a new report from Adyen.
Click here to read the entire article on Luxury Daily

St. Regis, Estée Lauder Cos., Alexander McQueen and Lalique – Live news
Luxury Daily’s live news from May 3 – St. Regis Mexico City responds to millennials’ needs with new hire; Estée Lauder Cos. to continue Leading Beauty Forward after strong Q3 results; Alexander McQueen’s new CEO to lead brand growth; Lalique travels by land and sea for museum exhibit.
Click here to read the entire article on Luxury Daily

Burberry, Cuba, The Met Gala and The Connaught – News briefs
Today in luxury marketing – Burberry tightens brand strategy in US turf war; Chanel’s Cuba show spotlights potential, hurdles for fashion; Decoding Manus x Machina; Iconic London luxury hotel revives culinary tradition.
Click here to read the entire article on Luxury Daily

One year on, Apple Watch and wearables are increasing BLE usage on smartphones
With the rise of home automation and the smart devices that go in them, more consumers will be introduced to devices that require BLE to be constantly on.
Click here to read the entire article on Luxury Daily

Proper use of digital in selling personal luxury goods
As luxury is the segment most dependent on stores for the first purchase of a particular brand’s line, the decline in store traffic will continue to hurt luxury sales disproportionately unless many necessary steps are taken.
Click here to read the entire article on Luxury Daily