Articles tagged “retail”

What Travel Can Learn From Michael Kors’ Acquisition Strategy

What Travel Can Learn From Michael Kors’ Acquisition Strategy

Samantha Shankman, Skift

Whether we’re selling hotel rooms or stilettos, the luxury marketplace is riddled with similar challenges and opportunities suggesting greater collaboration could be useful to brands in both industries in their pursuit of becoming lifestyle brands for affluent consumers.

1 day ago

Chinese Travelers Love Duty Free and That’s Creating Big Revenue for Airports

Chinese Travelers Love Duty Free and That’s Creating Big Revenue for Airports

Andrew Janes, Bloomberg

Chinese travelers' love of duty free is not just creating a bonanza for Chinese airports. Chinese passengers are buying so many goods at stores in North America, Europe and Australia that many retailers are designing shops to cater to them.

5 days ago

Chefs+Tech: Food Leads the Way as Unused Spaces Morph into New Destinations

Chefs+Tech: Food Leads the Way as Unused Spaces Morph into New Destinations

Kristen Hawley, Chefs+Tech

Restaurants and new restaurant concepts have a real opportunity as our usage of commercial space changes in both cities and suburbs.

2 months ago

What the Growing Market for Luxury Goods Tells the Travel Industry

What the Growing Market for Luxury Goods Tells the Travel Industry

Laura Powell, Skift

There's good and bad in this report. Spending will continue, of course, but it is shifting into new markets and leaving some legacy markets in the lurch.

2 months ago

Skift New Luxury Newsletter: High-End Retail Flies Higher

Skift New Luxury Newsletter: High-End Retail Flies Higher

Jason Clampet, Skift

Is there a more powerful FOMO than an airport boutique you'll never see again with an object of desire that may or not be a bargain because you're not sure of the exchange rate?

3 months ago

Luxury Brands Are Bullish on the Future of Airport Retail

Luxury Brands Are Bullish on the Future of Airport Retail

Samantha Shankman, Skift

Airport sales are not only growing faster than traditional retail outlets, but also providing multiple, multi-channel advertising opportunities well-positioned to reach luxury brands' target customers.

3 months ago

Retail Brands Target Chinese Travelers on Mobile Before They Leave Home

Retail Brands Target Chinese Travelers on Mobile Before They Leave Home

Jessica Rapp, Jing Daily

Why wait to market to consumers when they arrive abroad as opposed to targeting them directly via efficient platforms before they ever leave town?

3 months ago

WTTC Report: The New Fundamentals of Luxury Are the Old Fundamentals of Luxury

WTTC Report: The New Fundamentals of Luxury Are the Old Fundamentals of Luxury

Laura Powell, Skift

All these points are quite basic, but in the chase for bling, brands often forget that they're the building blocks of luxury.

4 months ago

The Travel Agents Rethinking the Brick and Mortar Retail Experience

The Travel Agents Rethinking the Brick and Mortar Retail Experience

Laura Powell, Skift

There are vastly fewer retail travel outlets now than two decades ago, but a few creative agents are rethinking how to buy and sell travel in the real world.

4 months ago

Travel Megatrends 2017: The New Luxury Is Defined by Small Brands and Big Stories

Travel Megatrends 2017: The New Luxury Is Defined by Small Brands and Big Stories

M. Paul Munford, Skift

The new standards of modern luxury are consumer-led rather than brand-driven, and they are steering the direction of high-end hospitality and travel.

7 months ago

Bethlehem Tourist Souvenir Vendors Push Local Products to Fend Off Knockoffs

Bethlehem Tourist Souvenir Vendors Push Local Products to Fend Off Knockoffs

Isma'Il Kushkush, Associated Press

It turns out that "local" is a trend in Bethlehem as vendors there are trying to stave off an influx of Chinese products for Christian tourists over the Christmas holiday. Tourists seeking to support a destination should probably buy the home-grown stuff.

8 months ago

Paris Hopes Luxury Retail Will Revive Tourism After a Tough 2016

Paris Hopes Luxury Retail Will Revive Tourism After a Tough 2016

Joelle Diderich, Bloomberg

Paris went through a lot this year and its inbound tourism suffered. Now the city turns to an old favorite, luxury retail, to revive high-spending visitation.

9 months ago

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