According to Positive Luxury, the new generation of luxury consumers are moving away from conspicuous consumption, and driving the rise of “mindful luxury.”
The opening is a homecoming for the designer, who attended university in the Swiss city.
NRF’s “Big Show” was marked by heavier retail participation, cutting-edge technology and water-cooler conversation on everything from Amazon’s next acquisition to how to handle mounting merchandise returns.
The First Insight Inc.-sponsored session was part of the National Retail Federation’s “Exhibitor Big Ideas” program.
Euromonitor International sees technologies such as augmented reality playing a key role this year.
Kering, Zara, Target and many others are upping sustainability efforts and annual reports will track their progress.
The former Macy’s chairman and ceo made an indelible mark on the retail landscape.