LAB LUXURY and RETAIL ® : MARKETING & COMMUNICATION : Retail - Expérience Client - Luxe - Digital in Store - Future of Retail - Commerce Connecté - Omnicanal - Social Marketing - Influence - Réseaux Sociaux -Transformation Digitale
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LAB LUXURY and RETAIL ® : MARKETING & COMMUNICATION : Retail - Expérience Client - Luxe - Digital in Store - Future of Retail - Commerce Connecté - Omnicanal - Social Marketing - Influence - Réseaux Sociaux -Transformation Digitale

Luxury brands must redefine the way they do business

From www.theguardian.com

Retailers cannot solve the economic slowdown in China by opening more stores. Instead, they should focus on services and experiences
Jérôme MONANGE:

With luxury consumption becoming global, digital and experiential, the role of luxury retailers irrevocably shifts from products to services and experiences
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LVMH Earnings Miss Estimates as Chinese Spend Less on Luxury

From www.businessoffashion.com

LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, reported full-year earnings that missed analysts’ estimates as Chinese shoppers curbed spending on Vuitton handbags and Hennessy cognac.
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LA FABRIQUE DU RETAIL's curator insight, May 17, 2015 3:20 PM

LVMH registered its  first annual decline since 2009.

Profit from recurring operations fell to 5.72 billion euros ($6.6 billion) from 6.02 billion euros in 2013, when analysts predicted 5.83 billion euros.
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This topic is curated by Jérôme MONANGE

Conseil #marketing #communication Expert #Retail
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