LUXURY MARKETPLACE / LUXURY MARKET

South Korea is the country with the highest spending on luxury goods in the world when measured per capita.

South Korea is the country with the highest spending on luxury goods in the world when measured per capita.

Counterfeiting harms not only profits but also brands' reputations - that's why some brands are now leveraging technology to protect their products, brand values ​​and customers.

Counterfeiting harms not only profits but also brands\' reputations - that\'s why some brands are now leveraging technology to protect their products, brand values ​​and customers.

It cannot be denied about negative changes that the world is going through in the past two years due to the Covid-19 pandemic and the war in Ukraine.  However, the jewelry market has a lucky.  When people can't travel, they find other ways to spend money with gifts and valuable jewelry.

It cannot be denied about negative changes that the world is going through in the past two years due to the Covid-19 pandemic and the war in Ukraine.  However, the jewelry market has a lucky.  When people can\'t travel, they find other ways to spend money with gifts and valuable jewelry.

Luxury must be exclusive while Digital makes products, information and knowledge more accessible.  Based on the above definition, Digital would seem to be just a channel or, at best, an add-on and amplification of a product or experience. However, add-ons can deliver significant value or reach entirely new groups of customers.  Tiffany's engagement ring finder app is a case in point: it allows users to try on their engagement rings using augmented reality in the app before entering a real store.  Louis Vuitton has collections of accessories that League of Legends players can purchase online and then collect in stores.  Game company Epic Games has partnered with luxury brands as Balenciaga and Louis Vuitton.

Luxury must be exclusive while Digital makes products, information and knowledge more accessible.  Based on the above definition, Digital would seem to be just a channel or, at best, an add-on and amplification of a product or experience. However, add-ons can deliver significant value or reach entirely new groups of customers.  Tiffany\'s engagement ring finder app is a case in point: it allows users to try on their engagement rings using augmented reality in the app before entering a real store.  Louis Vuitton has collections of accessories that League of Legends players can purchase online and then collect in stores.  Game company Epic Games has partnered with luxury brands as Balenciaga and Louis Vuitton.

Covid-19 is the launching pad that drives the global luxury resale market to grow better. The average annual growth rate of the global luxury resale market is 12%, much faster than the average growth of the luxury fashion market is 3%.  

Covid-19 is the launching pad that drives the global luxury resale market to grow better. The average annual growth rate of the global luxury resale market is 12%, much faster than the average growth of the luxury fashion market is 3%.  

The pandemic and the recovery of the Chinese economy have quickly moved luxury stores from the US and Europe to the Asia-Pacific.

The pandemic and the recovery of the Chinese economy have quickly moved luxury stores from the US and Europe to the Asia-Pacific.

If you are looking for an advertising strategy of luxury brands, check out these luxury online magazines in this article.

If you are looking for an advertising strategy of luxury brands, check out these luxury online magazines in this article.

The global luxury jewellery market is experiencing an improvement with the increase in the changing lifestyles and overall sales. Asia Pacific is the worlds biggest jewellery market, with the largest contributors being India and China, who are main consumers of luxury jewellery globally having large number of manufacturing and processing industry.

The global luxury jewellery market is experiencing an improvement with the increase in the changing lifestyles and overall sales. Asia Pacific is the worlds biggest jewellery market, with the largest contributors being India and China, who are main consumers of luxury jewellery globally having large number of manufacturing and processing industry.

Latest luxury industry news today is famous Italian luxury brands' market expansion strategies to Asia. Two of top Italian luxury brands : Missoni and Bottega Veneta have penetrated Asian market by opening its first store and first coffee shop.

Latest luxury industry news today is famous Italian luxury brands\' market expansion strategies to Asia. Two of top Italian luxury brands : Missoni and Bottega Veneta have penetrated Asian market by opening its first store and first coffee shop.