LONDON — Millennials are on track to become the dominant workforce by 2020 and currently represent $2.5 trillion in spending power. As a result, brands are racing to adapt their strategies and answer to their needs.
According to the latest report by Positive Luxury, the London-based platform that promotes brands with strong ethical and environmental standards, the new luxury consumers are increasingly aware of social and environmental issues such as animal welfare and labor practices, leading to a fundamental shift toward “mindful luxury” and away from the conspicuous consumption of the past.
The iconic Tiffany & Co. Fifth Avenue flagship will have a whole new look come 2021, reports @mistywhitesidell . The 10-story store is being expanded and renovated under the vision of chief artistic officer, Reed Krakoff. #wwdnews
“I feel like the [Emmy] nomination is this absurdly generous bonus to something that I’ve already been excited by for quite some time now,” Darren Criss tells @ktauer about his nomination for his role as Andrew Cunanan in The Assassination of Gianni Versace: American Crime Story, “My general attitude toward life is I hope for everything but expect nothing. But when you’re playing for the Warriors, there’s a good chance you’ll make it to the championships. And I’m not saying I’m Steph Curry, but when you’re on [showrunner] Ryan Murphy’s team, it seems more palpable than ever,” he continues. (Criss previously starred on “Glee,” another Murphy creation, although they didn’t directly work together.) “I feel like I’ve already won the lottery.” Read more in WWD.com (📸: @lexieblacklock ) #wwdeye #darrencriss #americancrimestory #emmys2018