Industry News & Trends

THE LATEST MOVES IN LUXURY, LIFESTYLE & RETAIL

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LUXURY BRANDS ARE CHANGING HOW THEY OPERATE INTERNALLY TO REACT FASTER TO CUSTOMERS

“Organizations that are siloed are no longer going to be able to properly reach today’s customer.” (via GLOSSY)

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HOSPITALITY-RETAIL MASHUP

As this trend evolves, we see a deeper level of integration between retail and hospitality. Muji and West Elm are opening hotels. Parachute has a small pop-up hotel so people can try products. (via SKIFT)

Dan Barber elevates waste and leftovers at his provocative Selfridges pop-up wastED

Selfridges gives up its rooftop restaurant (site of Pierre Koffmann’s thrice-sold-out comeback) to Dan Barber’s revolutionary New York pop-up wastED. (via The Telegraph)

a rising tide of millennial wealth could result in a new luxury boom

It is a mistake to assume that the millennial generation will aspire to the same luxury as previous generations. (via Forbes)

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STORE CONCEPT OF THE YEAR: SEPHORA

Retailers have been opening new store concepts at a furious pace as they strive to make brick-and-mortar fun again. (via Retail Dive)

Nordstrom's New Concept: A Store That Doesn't Stock Clothes

It sounds like a bit of a head-scratcher: Department store giant Nordstrom says its new concept store won't actually have any clothing in stock. (via NPR)

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NEXT PHASE IN LUXURY TRAVEL

Luxury travelers are increasingly looking to vacation rentals for a different type of experience. This presents opportunities for both established players and newcomers. (via SKIFT)

THE NEW INTERSECTION OF LUXURY & HOSPITALITY

This was quite a week for major hospitality executive shuffles, and their respective moves will certainly impact the future development of the companies and brands they’ve left and are headed to. (via SKIFT)


 

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TWELVE Marketing Communications funnels 10+ years of expertise in brand positioning, merchandising and media ranging from growing Start-ups to International Corporations.