Social media platforms are introducing a new shoppable feature to create a seamless channel between influence and final purchase. Luxury brands have been quick to embrace it in a bid to engage digitally-savvy, mobile-dependent customers.

Within the retail industry, data and technology are important elements for connecting with consumers, but it is a humanised touch that makes the impact.

Richemont's intention to acquire the Yoox Net-A-Porter Group will put it into competition with Amazon and luxury conglomerate LVMH.

Luxury retailers, such as Hudson’s Bay Company and Sephora, have to rethink their environment in order to remain efficient in the era of online shopping.

Gucci's decision to go fur-free has triggered a snowball-effect in the luxury fashion industry. High-end brands are shifting towards more ethical and sustainable manufacturing practices.

For the future of luxury retail, the panel at the Women in Luxury conference believe that digital is a vital aspect, but in-store purchasing still remains an essential part of the customer experience.