63pc of ultra-affluent consumers find newspaper advertising most effective: report
Sixty-three percent of consumers who plan to buy luxury products and have a household income of more than $500,000 said that they find advertisements in newspapers to be the most effective compared to other channels, according to new research from the Shullman Research Center.
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Rolls-Royce bolsters Russian presence with new St. Petersburg showroom
Rolls-Royce Motor Cars is strengthening its presence in Russia with the addition of a new showroom in St. Petersburg.
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Luxury Retail Summit 2013 New York Sept. 18: Lalique, Porsche Design, Fairmont, McLaren, Gucci, La Mer, Brian Atwood, Auberge, Forrester, Hearst
Registration is open for the Luxury Retail Summit: Holiday Focus 2013 conference Wednesday, Sept. 18, 2013 with speakers from Lalique, Porsche Design, Fairmont, McLaren, Forrester, Gucci, Brian Atwood, La Mer, Auberge, Hearst, Morpheus and the former CEO of Bergdorf Goodman. Must-attend for luxury retailers and brands, agencies, publishers and researchers.
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Mulberry’s loss of Emma Hill hurts brands reputation, stock price
British label Mulberry’s loss of creative director Emma Hill is hurting the brand’s reputation and as a result, its stock price is falling.
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Starwood teases South American properties via tablet app
Starwood Hotels & Resorts is showing off its South American properties through an iPad application that provides consumers with a description of the hotel and the location to get a sense of the area before booking a trip.
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Apple makes news with iOS 7, fails to excite
With lots of news, but no real surprises revealed during the opening keynote for Apple’s annual developer’s conference, the manufacturing giant did little to dispel concerns that it is losing its innovative edge.
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Prada, Burberry, Hugo Boss and Astley Clarke – News briefs
Today in luxury marketing – Prada sales show double-digit growth; Burberry chief keeps gripes over pay at bay; Tragedy at Hugo Boss; Astley Clarke names new managing director.
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Sexy, but unimpressive: Apple fails to meet mobile expectations
Apple is not actually stepping up to deliver any game-changing products or features. It is just putting more makeup on the front end of a product, which will not drive sales.
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