“There is a mixed picture when it comes to luxury spend among affluent and HNWIs in Asia. Some categories have fared better than others, while different countries are also outperforming their neighbours,” said Meryam Schneider, chief marketing officer of Altiant, a global consultancy whose services focus on luxury goods and wealth management.
Read moreLUXURY DAILY: Do consumers really care about brands’ sustainable practices?
More luxury brands are touting their sustainable initiatives — from traceability to supply chain collaboration and more — to reach conscious consumers, but only a select number of affluents are looking into the details.
While there is still considerable uncertainty regarding the global pandemic, luxury market researcher Altiant compiled findings from its Luxury Consumer Sentiment and COVID-19 survey to get a better understanding of consumer perceptions. According to the report, French luxury consumers are showing a considerable amount of skepticism toward vaccinations, compared to their U.S., U.K. and China counterparts…
Read moreLUXURY DAILY: French luxury consumers trail other affluents in vaccine confidence
As governments around the world continue rolling out vaccination strategies, luxury consumer sentiment toward COVID-19 is beginning to shift.
While there is still considerable uncertainty regarding the global pandemic, luxury market researcher Altiant compiled findings from its Luxury Consumer Sentiment and COVID-19 survey to get a better understanding of consumer perceptions. According to the report, French luxury consumers are showing a considerable amount of skepticism toward vaccinations, compared to their U.S., U.K. and China counterparts…
Read moreLUXURY DAILY: More European lockdowns may hamper luxury recovery
More European lockdowns may hamper luxury recovery.
With another wave of COVID-19 infections hitting Europe as several countries struggle with vaccination rollouts, a new round of restrictions may cast doubts over the speed and health of the region’s economic recovery.
Read moreLUXURY DAILY: Stella McCartney, Louis Vuitton and Chanel perceived as most sustainable
Stella McCartney, Louis Vuitton and Chanel perceived as most sustainable.
While sustainability has gained traction as a global issue over the last several years, the COVID-19 pandemic accelerated and amplified this focus across the luxury sector.
Read moreDAILY RESEARCH NEWS: Zooming In Altiant's Lars Long
In this first of MRWeb’s video podcast series, the organisation takes a closer look at how luxury markets are faring in a time of Covid, and the challenges of researching this sector. MrWeb's Nick Thomas talks to Lars Long, Chief Executive of Altiant.
Read moreLUXURY LIFESTYLE MAGAZINE: The Future Of Luxury Goods Consumption Lies In The Past
The Covid-19 pandemic has shaken up nearly every consumer category, influencing new behaviours, stifling some industries and inspiring growth in others. Emerging trends in the luxury sector suggest extravagance is being usurped by nostalgia and sustainability.
Dynamics within the luxury sector are changing. If you’ve found yourself slipping on your father’s vintage watch this year or gazing at sepia-tinted photos of past holidays, you’re not alone. In a study published in the journal Frontiers, researchers found that nostalgia enhances well-being and feelings of social connection. Given the impact that Covid-19 has had on the way we live, work and shop, it is unsurprising that imposed isolation during the pandemic has fuelled nostalgia-driven luxury purchases…
Read moreLUXURY DAILY: Announcing Luxury Daily Awards 2020
Luxury Daily honors Gucci, Saks Fifth Avenue, ForwardPMX, Condé Nast, Altiant and Jean-Christophe Babin as the winners of the 2020 Awards in their respective categories.
Read moreLUXURY DAILY: Altiant is 2020 Luxury Market Researcher of the Year
Altiant is Luxury Daily’s 2020 Luxury Market Researcher of the Year for its development and presentation of valuable research and tools to help luxury brands navigate the COVID-19 pandemic.
Read moreTTG ASIA: Sustainable tourism a big drawcard for luxury travellers
Tourism players are being urged not to forget sustainability amid the pandemic as research reveals it remains a top priority for luxury travellers.
Speaking at the virtual ILTM World Tour Asia Pacific, Meryam Schneider, vice president of marketing and partnerships at luxury and wealth researcher ALTIANT, said the Covid-19 crisis has highlighted the importance of tackling climate change, propelling the issue to the forefront of affluent travellers’ minds.
Read moreTTG ASIA: Destinations target APAC’s super-rich for swifter rebound
Tourism players near and far are clamouring for a slice of Asia-Pacific’s ultra-wealthy pie, as the luxury market looks set to be among the first to rebound when travel resumes.
Gearing up to tap into that market, destinations are drawing up exclusive itineraries, re-packaging products and launching marketing campaigns targeting the region’s luxury travellers.
Read moreALTIANT BRINGS MILLIONAIRE MEDIA CONSUMPTION SUBSCRIPTION TO MARKET
With billions spent annually in luxury & wealth advertising, media buyers and planners require more demonstrable ROI. To address this, Altiant is delighted to announce the launch of the Millionaire Media Consumption Subscription covering 4 Markets, unveiling the habits of 1,000 millionaires including but not limited to their use of print and on-line publications, digital platforms and their interactions with advertising.
Read moreLUXURY DAILY: As Europe locks down, are luxury supply chains ready?
As lockdowns steadily resume across Europe in an effort to combat rising numbers of coronavirus cases, luxury brands will face another set of challenges across the supply chain.
Read moreLUXURY DAILY: Amid uncertainty, consequences of US election likely to ripple across luxury
As a contentious election season dominated by the coronavirus pandemic comes to a close, the results — which may not be known for days or weeks — will have repercussions across the luxury and financial sectors in the United States and beyond.
Read moreJOURNAL DU LUXE: Quelle data pour le Luxe post-Covid 19 ? (FRENCH)
Des données chiffrées et des observations inédites. Pour le Salon du Luxe Paris 2020 – qui se tient actuellement online -, Meryam Schneider, vice présidente de Altiant, société spécialisée dans les études de consommation, dévoile les résultats d’une étude consacrée aux HNI – high net worth individual – les individus à patrimoine élevé, à l’ère du Covid-19.
ILTM GLOBAL HEATMAP: THE FLIGHT TO QUALITY
One of the most revealing aspects of the pandemic so far is how it has shaped HNW individual mindsets around how and where they place budget within the luxury travel market. For the first time in perhaps a long time, it seems that many HNW luxury travellers are questioning their consumption and in some cases moving towards new concepts and options to safeguard both their health and finances…
Read moreTHE CEO MAGAZINE: Green travel is front and centre for wealthy travellers
Sustainability and environmental awareness have been edging closer to the top of wealthy consumers’ priority lists in recent years. Based on data from Altiant – an organisation that provides insight from experts, marketers and agencies working in luxury and wealth management industries – this new preference to choose green has extended to all corners of luxury consumerism.
Read moreLUXURY DAILY: How can countries lure affluent Hong Kong residents?
As political instability is increasing in Hong Kong because of China’s recent crackdowns, many affluent consumers in the region are looking for a more stable environment to live, leaving countries and real estate sellers trying to lure these desirable residents.
Read moreILTM GLOBAL HEATMAP: GREEN GOES MAINSTREAM
The factor currently at the heart of every decision, of course, is COVID-19. This unprecedented crisis led to equally unprecedented responses including some key demographic shifts, one of which being the acceleration and adoption of green travel.
Based on our data, this new desire to ‘go green’ has extended to all corners of luxury consumerism, from fashion and luxury goods to travel, suggesting that many people will now take these factors into consideration when purchasing, either amplifying their burgeoning desires or creating ones that didn’t previously exist…
Read moreTHE FASHION NETWORK: Rich consumers globally question reliance on luxury
Affluent consumers in some markets are beginning to question their consumption of luxury goods in the wake of the coronavirus crisis and this could have huge implications for the luxury fashion and beauty sectors.
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