Future Focused Retail & Luxury Visionary | Top Wall Street Retail Analyst & Trailblazer | Columbia Business School Professor... Lets Lead Retail’s Renaissance Together With Magic + Logic!
OC's Luxury Lane Series:
The Future of Luxury Is Digital With Mytheresa's CEO
Learn how magic meets logic at an elite global luxury leader. TD Cowen’s Retail, New Platform, & Luxury Analyst Oliver Chen speaks with Mytheresa's CEO Michael Kliger.
If you are participating in the Institutional Investor poll, Oliver Chen greatly appreciates your recognition in the Retailing/Department Stores category. You can request a ballot here:
https://lnkd.in/ecrzYTF6https://lnkd.in/eTZi3VVG
Discover the naked truth behind common myths in luxury retail 🛍️
From the changing face of luxury consumers to the power of digital transformation, we'll show you how to stay ahead of the game and thrive in the ever-evolving landscape of luxury retail.
Let us help you navigate the complexities of this new era and maximize your potential 👉 https://bit.ly/3LPUo9l#TimsoftGroup#LuxuryRetail#DigitalTransformation
The future of the global luxury market is bright. While some retailers have experienced a slight decline in revenue due to lackluster consumer spending in the United States, others are exploring emerging markets that offer significant growth potential. The luxury brands that can adapt to the changing market will be well-positioned for success in the future.
Read more in my latest blog post for Colliers, linked here: https://bit.ly/3OdvrF1. #ColliersRetail
'Quiet luxury' represents a shift in the retail industry, from flashy fast-fashion to subtlety of the highest quality. As high-value customers remodel the retail landscape, how can brands position themselves to cater to this evolving trend?
#retailstrategy#retailindustry#clienteling#customeroutreach
Lead don't follow. Early bird ticket prices end at midnight tonight!
We will be hosting our Future of Luxury Retail Trend Briefing on Thursday 14th September at 4pm, exploring how the traditional definitions of luxury are being reframed.
In the luxury sector, retail design and innovation are abundant and constantly evolving. Over time, these trends often become mainstream and widely adopted.
In a packed 90 minute session our briefing will take a deep dive into the newly emerging transitions that are reshaping the sector:
- How is the meaning of luxury evolving?
- What makes the younger generation so different in the way they are shopping for luxury goods?
- What are the new codes of luxury in retail design and brand communications?
- How are radical new brand positionings transforming traditional heritage - brands for future relevance?
- Who are the disruptor brands that are rewriting the rules of luxury?
- How are luxury brands sharing their commitments and embracing their responsibilities and exploring new models of ownership and circularity?
Our live online briefing will include a packed programme of actionable insights, thought-provoking ideas and inspiration, along with a summary of the core emerging ideas.
There will be a live Q&A to spark debate and everyone who joins us for the session will receive an on demand playback and a copy of the briefing in a high resolution PDF.
Excited to share with you my completion of the #INSIDELVMHCertificate! Stepping inside this amazing world of luxury, excellence and innovation has been one of the most incredible learning experiences.
In the different modules, I was able to get a deep dive into the LVMH ecosystem, in regards to:
- The #Luxury Industry
- Luxury & #Sustainability
- Creation & #Branding
- Retail & #CustomerExperience
It has a been a great #inspiration to learn from the creative excellence of each Maison, igniting further my #passion and #curiosity in the world of Luxury.
"Legacy beyond Desire, Creativity beyond Trends"
Our CEO Geoffroy van Raemdonck recently provided an update to associates, investors, and media on our progress in our journey to Revolutionize Luxury Experiences. Last quarter, we saw sequential top line improvement to Q1 with strong full price selling, and 20% year-over-year growth in Adjusted EBITDA dollars. Despite the ongoing pressure on luxury demand, we continue to be encouraged by the loyalty of our top luxury customers, the engagement from our brand partners and the strength of our differentiated business model.
As Geoffroy shared, “We continue to be at the forefront of the luxury retail transformation. Amid the backdrop of the ongoing normalization of the luxury market, we believe that our differentiated and profitable business model stands apart in the category. Anchored in integrated retail, assisted selling, and curated assortment, our model is focused on fostering deep relationships with our luxury customers, the world’s most desired brands and our associates to deliver an exceptional and uniquely personal experience in-stores, online and through remote selling. With strong liquidity, we continue to make investments in our stores, supply chain and technology to shape the future of luxury retail."
Read more about our ongoing transformation on WWD: https://lnkd.in/gNaBmMYC
Watch on CNBC: https://lnkd.in/gkSS2BQi
Four modules on four interesting topics that allowed me to deepen my knowledge about LVMH and the luxury sector: The Luxury Industry, Luxury & Sustainability, Creation & Branding and Retail & Customer Experience.
#InsideLVMH#LVMH
