The World’s Biggest Influencers Helped Lift Luxury Brands on Instagram

High-end brands outperformed others by using Lady Gaga, Bella Hadid, Chris Hemsworth, and more.

(Bloomberg Businessweek) -- Expect luxury companies to continue partnerships with social media influencers in 2020. These models, athletes, and other celebrities—who post about a brand in exchange for some sort of payment—nabbed the brands a lot of actions this year. Luxury companies outpaced others when it came to interactions per post.

©2019 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES