After a horrible year, luxury fashion brands pin hopes on the return of Chinese consumers in 2017

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The global fashion industry is hoping for better times ahead after 2016 added up to one of the most difficult years on record The global fashion industry can look forward to better days in 2017 amid signs of a rebound … Read More

Net-A-Porter and Mr Porter are 2016 Luxury Retailer of the Year

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Online retailers Net-A-Porter and Mr Porter are Luxury Daily’s 2016 Luxury Retailer of the Year for their introduction of traditionally ecommerce-averse brands to an online audience. Net-A-Porter and its brother site Mr Porter placed ahead of first runner’s-up Nordstrom and second runner’s-up … Read More

Affluent Chinese favor Gucci handbags, footwear over brand peers: report

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Handbags designed by Italy’s Gucci edged out French atelier Chanel as a must-have among affluent Chinese women, according to a survey conducted by RBC Capital Markets. Kering-owned Gucci has seen a resurgence of interest among fashionable affluents in part because … Read More

Technology: Luxury brands and services get a boost from high-tech trends

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NEW YORK — The merged luxury group Yoox Net-A-Porter Group is aiming to be as mobile as its shoppers. Since the two joined last year, CEO Federico Marchetti has invested in new technology, added services like seaplanes to drop off … Read More

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