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luxury - Page 6

  • Gucci is 2016 Luxury Marketer of the Year | @Gucci @adetem

    Italian fashion label Gucci is Luxury Daily’s 2016 Luxury Marketer of the Year for its revamped advertising image under the creative direction of Alessandro Michele.

    Gucci won over first runner’s-up Chanel and second runner’s-up Burberry. All three brands were able to adapt and connect with a new generation of consumers while not losing focus on their luxury positioning.

    The Luxury Marketer of the Year award was decided based on luxury marketing efforts with impeccable strategy, tactics, creative, executive and results. All candidates selected by the Luxury Daily editorial team and from reader nominations had to have appeared in Luxury Daily coverage this year. Judging was based purely on merit.

    Gucci made over

    2016 marked the first full year with Mr. Michele at the head of Kering-owned Gucci. Aside shifting the brand’s apparel and accessories design, he has made his mark on the brand’s marketing, replacing an overt sex appeal with a more romantic femininity.

    This included a new effort for Gucci Guilty starring Jared Leto that portrayed a subtle sexuality (Gucci’s visual representation of fragrance hopes to shatter society norms) and ensemble runway collection campaigns shot in destinations such as Berlin, Tokyo and Britain’s Chatsworth House.

    gucci, cruise campaign, chatsworth house, luxury, luxury daily

    Playing off motifs created by Mr. Michele, Gucci unveiled a series of artistic initiatives that deconstructed these themes. Its customizable Ace Sneaker was the subject of creative short films, while its codes became the basis for a multiplatform project that spanned a physical space in Tokyo and online mediums (Gucci makes room for reinterpreting brand codes).

    Allowing consumers to put their own spin on these new icons of the brand, Gucci also launched customization programs for select products.

    During 2016, Gucci opened new headquarters in Milan, centralizing a number of operations in a repurposed aeronautical factory. This Gucci Hub will serve as a location for fashion shows and acts as a physical representation of its changing aesthetic (Gucci takes nontraditional office approach for multipurpose Milan headquarters).

     

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  • #Luxury #Shoppers Crowd #London for #Brexit bargains [@adetem @LuxuryDaily]

    NOVEMBER, 30, 2016.

    London: While the prospect of Brexit is weighing on much of the British economy, tourism and luxury goods businesses are cashing in on bargain-hungry visitors lured by the slide in the pound.

    [LIRE L'ARTICLE DANS BUSINESS NEWS] 

    London’s tourism agency says sales of goods eligible for sales-tax exemption have gone up by a third since the Brexit vote in June, which sent the pound sterling plunging against the euro and dollar. ”We calculated that over the last four months it’s been about 12% cheaper for Europeans to come and shop here,” said Chris Gottlieb, head of leisure marketing at the agency London & Partners. The pound is now at 1.17 euros compared with 1.3 euros before the shock vote to leave the European Union, while it has also fallen to US$1.25 from US$1.49. The result is that London has become the cheapest city for luxury goods shopping in the world in dollar terms, according to a study by Deloitte.

    ‘GOING TO SPEND MUCH MORE’

    In tourist areas, the effects are evident. ”We’re going to spend much more money than we planned to,” said Radostina Nonova, a Bulgarian tourist, laughing as she lugged her bags on Carnaby Street - in the heart of London’s shopping district. ”We didn’t plan to shop too much but it’s obvious that the prices are very good for us. ”So we shop and we can afford to eat and drink outside. That was not possible years ago,” she said.

    French tourist Christophe Disic said he did not come just because the pound was low but “when we changed our money we realised we had a few more pounds for fewer euros”. When speaking to US tourists, shopkeepers are quick to take out their calculators. ”We’re an American brand. Our products are designed and assembled in the States. But with the weakening of the pound it actually happens to be cheaper for the American tourists to buy an American product in London,” said Denis Sagajevs, who works in Shinola, a shop selling watches and leather accessories. ”It’s affected by the fact that they can claim VAT on their way back. We pretty much on a day-to-day basis explain that to customers from the States. It happens to be quite a strong sales driver,” he said.

    50 PER CENT INCREASE IN SHOPPERS

    Some shops are adapting their advertising and sales tactics to the new consumer behaviour. ”Before the vote, European tourists were couples who came to be together and maybe bought a couple of things,” said James, the manager of a luxury men’s clothes shop on Carnaby Street. ”Now, there are groups of friends who rush in. They grab everything they can carry.” James estimated that European and US shoppers coming to his store have increased by around 50%. Instead of spending on costly advertising in British newspapers as it did before, his firm is changing tactic to appeal more to overseas visitors. They have put up signs outside Underground train stations near the shop.

    But there are doubts about how long the boom can last. While the good health of the British economy was confirmed by solid growth of 0.5% in the third quarter, the official forecasts for 2017 have been lowered to 1.4% from 2.2%. ”Our British customer sales are not as strong as before the vote and we don’t even know if this tourism boom is going to last,” James said. - AFP

  • Inside #Fidel #Castro’s life of #luxury and ladies while country starved [#cuba @adetem]

    castro, new-york post, cuba

    FROM THE NEW YORK POST, BY LAURA ITALIANO, NOVEMBER, 27, 2016

    With his shaggy beard and rumpled, olive-drab fatigues, Fidel Castro presented himself to the world as a modest man of the people. At times, he claimed he made just 900 pesos ($43) a month and lived in a “fisherman’s hut” somewhere on the beach.

    But Castro’s public image was a carefully crafted myth, more fiction than fact.

    “While his people suffered, Fidel Castro lived in comfort — keeping everything, including his eight children, his many mistresses, even his wife, a secret,” wrote Juan Reinaldo Sanchez, Castro’s longtime bodyguard. Sanchez’s book, “The Double Life of Fidel Castro: My 17 Years as Personal Bodyguard to El Líder Maximo,” describes his former boss’s hidden life of political ruthlessness, mistresses and greed.

    Castro, who died Friday night at 90, made a personal fortune offering safe haven to drug traffickers, bedded a bevy of women over the decades, and once threatened his own brother, Raul, with execution when the brother lapsed into alcoholism in the ’90s, Sanchez’s book reveals.

    Amazingly, most Cubans had no idea how, or even where, their secretive strongman actually lived. Even his first and second wives were kept out of the public eye — as was their leader’s two-timing. Castro cheated on his first wife, the upper-middle-class Mirta Diaz-Balart, with Natalia Revuelta. “With her green eyes, her perfect face and her natural charm,” Revuelta was one of Havana’s most beautiful women, Sanchez wrote — no matter that she, too, was married at the start of their mid-’50s affair. Diaz-Balart would bear Castro his first “official” son, Fidel Jr. or “Fidelito,” and Revuelta would bear Castro his only daughter, Alina.

    Castro cheated, too, on his second wife, seducing “comrade Celia Sanchez, his private secretary, confidante and guard dog for 30 or so years,” Sanchez wrote. Castro also bedded his English interpreter, his French interpreter, and a Cuban airline stewardess who attended him on foreign trips, Sanchez wrote. “He doubtless had other relationships that I did not know about,” Sanchez wrote. Castro kept 20 luxurious properties throughout the Caribbean nation, including his own island, accessed via a yacht decorated entirely in exotic wood imported from Angola, Sanchez wrote. Taking control of Cuba on New Year’s Day 1959, after his guerrilla army routed the quarter-century-long dictatorship of Fulgencio Batista, Castro vowed that unlike his hated predecessor, he’d share the nation’s wealth with its poorest citizens.

    But while he made good on some of his promises to educate and care for his people — building free schools and hospitals with the help of his Soviet sponsors — Castro’s legacy was also one of repression and hypocrisy. Deep poverty persisted — teen prostitution, crumbling houses, food rations. Political opponents were executed by the thousands by firing squad, or sentenced to decades of hard labor. Castro had as many as 11 children with four women — only two of whom he was married to — and numerous other mistresses, Sanchez wrote.

    Only those closest to him knew of these affairs. The only woman who dared to cause him any public scandal was his rebellious daughter, Alina Fernandez Revuelta. “I remember her in the 1980s, a pretty young woman who had become a model,” Sanchez wrote. “One day, when I was in Fidel’s anteroom, Pepín Naranjo, his aide-de-camp, showed up with a copy of the magazine Cuba. “Spread across its second page, Alina could be admired posing on a sailboat in a bikini, in an advertisement for Havana Club rum.” “What on earth is this?” Fidel exclaimed, according to Sanchez. “Call Alina, at once!”

    What followed was an epic father-daughter blowout.

    "Two hours later, Alina strode into his office, not in the least ­intimidated,” Sanchez recalled. “The ensuing argument was the most memorable of them all: Shouting reverberated all over the room, shaking the walls of the presidential office.” “Everybody knows you are my daughter! Posing in a bikini like that is unseemly!” Castro raged. Several years later, in 1993, Fidel learned through his secret service that Alina was plotting to flee to the United States.

    “I am warning you: Alina must not leave Cuba under any pretext or in any way,” Castro told his head bodyguard, Col. Jose Delgado Castro, according to Sanchez. “You’ve been warned.” Two months later, Alina put on a wig, packed a false Spanish passport, and, with the help of a network of international accomplices, sneaked out of Cuba. This, too, ignited the dictator’s temper. “One rarely sees the Comandante allowing his anger to explode,” Sanchez wrote. “In 17 years, I saw it only twice. But when Pepín broke the unpleasant news to him that day, Fidel went mad with rage. “Standing up, he stamped his feet on the ground while pointing his two index fingers down to his toes and waving them around.” “What a band of incompetent fools!” he cried. “I want those responsible! I demand a report! I want to know how all this could have happened!”

    Alina remains one of her father’s most outspoken opponents. “When people tell me he’s a dictator, I tell them that’s not the right word,” she told the Miami Herald. “Strictly speaking, Fidel is a tyrant.” Castro’s second wife and widow, Dalia Soto del Valle, is the least known of Castro’s women, Sanchez noted. They met in 1961. Castro noticed her in the audience as he gave an open-air speech, Sanchez remembered.

    “Fidel spotted in the first row a gorgeous girl with whom he rapidly started exchanging furtive and meaningful glances,” Sanchez wrote. After being vetted by his aide-de-camp, del Valle was installed in a discreet house just outside Havana. Eventually, they married and had five sons, who grew up in hidden luxury on an estate outside Havana. “With its orange, lemon, mandarin, grapefruit and banana trees, the estate resembled a veritable garden of Eden — especially if one compared it with the notorious ration book that all Cubans had to use to buy food,” Sanchez wrote.

    Each member of the family possessed his or her own cow, “so as to satisfy each one’s individual taste, since the acidity and creaminess of fresh milk varies from one cow to another.” Disloyalty exacted a heavy price. Dissidents were jailed for as little as handing out books on democracy. Castro himself displayed little loyalty, either professionally or personally. Even his closest aides faced execution if it suited his agenda. In the late ’80s, when an international scandal brewed over Castro’s exchanges of safe haven for cash with Colombian cocaine traffickers, Castro had no problem throwing those closest to him under the bus. “Very simply, a huge drug-trafficking transaction was being carried out at the highest echelons of the state,” Sanchez wrote.Castro “was directing illegal operations like a real godfather,” Sanchez wrote.Revolutionary Gen. Arnaldo Ochoa, who had fought alongside Fidel and Raul Castro, was at the center of the drug dealings, Sanchez said.

    But when the US caught wind, Castro vowed an “official inquiry.” Raul was forced to watch on closed-circuit TV as a kangaroo court tried and convicted Ochoa — and then to watch the general’s execution by firing squad. “Castro made us watch it,” Sanchez recalled. “That’s what the Comandante was capable of to keep his power: not just of killing but also of humiliating and reducing to nothing men who had served him devotedly.” After Ochoa’s death, Raul plunged into alcoholism, drowning his grief and humiliation with vodka. “Listen, I’m talking to you as a brother,” Castro warned him. “Swear to me that you will come out of this lamentable state and I promise you nothing will happen to you.” Raul, who perhaps knew best what his brother was capable of, complied.

    [LIRE L'ARTICLE EN ENTIER]

  • The future of luxury brands in an on-demand world [#digital #luxury #technology #socialmedia #exclusivity #challenges #culture #customization #click-to-buy]

    The future of luxury brands in an on-demand world

     By Tracey Follows, 2016-10-10+, Campaignlive.co.uk

    Can luxury brands both embrace the sharing economy and remain aspirational? It's an existential question they now need to answer.

    Luxury brands are prefaced on the idea of scarcity – what is scarce is of most value, and what is difficult to acquire or to access confers status. But in a world of abundance, in which nearly everything is accessible and nothing is scarce, what are the symbols and codes that communicate that something is a luxury?

    > Which role does digitalization, technology and social media play?
    > Which degree of exclusivity is right and how do the cultural differences create a need for customization?

    [READ THE ENTIRE ARTICLE]

  • 'Expensive' and 'exclusive' go hand in hand in consumer perception...via @lucasolca #ExaneBnp [#promiseconsulting-blog.com]

    MEASURING EXCLUSIVITY AND DESIRABILITY IN THE US - SEPTEMBER 2016

    Our recent research on Brand Desirability and Exclusivity in the USA (Measuring Brand Exclusivity and Desirability - USA), conducted with Promise Consulting, showed a near perfect correlation (R2 = 92%) between brands that consumers perceive as 'expensive' and brands seen as 'exclusive'. No other identity trait we have explored correlates so well.

    [TELECHARGER LE SLIDE]

    En savoir plus sur l'étude : mailto to valerie.jourdan@promiseconsultinginc.com

    This joint study with Exane BNP can be presented to you during a meeting to be agreed with your teams. The full document is the subject of a subscription. You can also request the dates of the next cycle of conferences dedicated to presenting the results of this study. Three countries in the luxury fashion world were studied: France, China and the US.

    Cette étude menée conjointement avec Exane BNP peut vous être présentée en synthèse lors d'un rendez-vous à convenir avec vos équipes. Le document complet fait l'objet d'une commercialisation en souscription. Vous pouvez également demander les dates du prochain cycle de conférences consacrées à la présentation des résultats de cette étude. Trois pays dans l'univers de la Mode de luxe ont été étudiés : la France, la Chine et les US.

  • #Russia’s #economic trials paves #opportunity for #luxury [#depreciation #tourism #accessories]

    Russia’s economic trials paves opportunity for luxury

    By Staff Reports, 2016-10-10+, Luxury Daily, Retail

    Devalued currency rates in Russia have spurred an uptick in tourism and the purchase of luxury accessories within the market.

    Although Russia’s luxury sector has had its share of highs and lows, many brands have worked to capitalize on its potential.

    With the depreciation of the Russian ruble, the Russian market recognized a +2% increase in purchased personal accessories (in rubles), compared to US dollar purchases which declined by -30%.

    Despite the depreciation, Russian affluents opted to stay local to shop, rather than flying to destinations such as London or Paris to effectuate high-end purchases, since the prices of luxury goods became more attractive at home.

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