Retail
What We've Read: Why Luxury Brands Need to Hire Chief Digital Officers
by
Camille Lake | January 29, 2018
Luxury Society's selection of news articles that are not to be missed this week.
1. Why Luxury Brands Still Hire Chief Digital Officers
In luxury fashion, a chief digital officer still has a purpose in signalling both internally and externally that real time, energy and money is being invested in digital advancements, and that progress is on the horizon.
Read this on Glossy.
2. When Will The U.S. Bounce Back?
A year-end surge in luxury watch sales raises hopes for a U.S. recovery in 2018.
Read this on Hodinkee.
Join Luxury Society to have more articles like this delivered directly to your inbox
3. Luxury Goods Titan Arnault Now Richer Than Zuckerberg After Record LVMH Results
Record results from luxury goods conglomerate LVMH help push up the fortune of its longtime CEO Bernard Arnault by $3.5 billion by noon on Friday. He is now the fifth richest person in the world.
Read this on Forbes.
4. Luxury Watchmakers Gear Up for Online Square-Off
The industry showed off its new focus on the digital sphere at the high-end SIHH trade show in Geneva.
Read this on WWD.
5. Chinese and Millennial Shoppers Drive Rebound in Luxury Goods Sales
According to consultancy Bain & Co., worldwide sales of luxury goods such as handbags, shoes and jewelry are growing faster than expected this year due to thriving demand from Chinese customers and young shoppers.
Read this on Reuters.
