Le Modalogue | Weekly #12

Fast forward: The Chinese quest for luxury brands

Sur le marché du luxe, en quelques années et sur tous les plans, la Chine, va rattraper son retard et se mettre au niveau des standards occidentaux…

The study found that families here making over $180,000 annually spent an average of $28,000 on luxury goods for the year-more than residents in the same income bracket in Shanghai, Beijing and Shenzhen.

But with greater expansion comes the risk of brand dilution outside the main cities, as well. Some companies are trying to prevent this by creating special lines in conjunction with famous Chinese artists to generate buzz and maintain their edge in exclusivity.

Also, these consumers are developing more sophisticated tastes, increasingly preferring the harder-to-get Diane von Furstenberg to Louis Vuitton.

La suite (read more) ici

Alors que Google ouvre boutique.com… Facebook comme canal de vente pour les marques de luxe?

Should luxury brands explore Facebook as a retail channel?

Developing HauteLook events for Facebook allows us to go where our members are spending their time, rather than making them come to us

Hautelook offers discounts at up to 75 percent off on products by luxury brands such as Chanel, Diane von Furstenberg and Swarovski. It claims more than 3.5 million members.

(…) the fastest growing user demographic is women ages 35-50, much more consistent with the luxury consumer profile.

La suite (read more) ici

Et pendant ce temps sur Twitter…

How Twitter Analytics can benefit the luxury market

This is a fantastic opportunity for luxury brands to benefit from ethnographic research and pick up on new trends.

Luxury brands can use the analytics to tap into consumers’ other interests.

La suite (read more) ici