The ‘China Luxury Forecast 2023’ report, conducted jointly by Consumer Search Group and Ruder Finn, has been released, revealing consumer confidence across Mainland China and Hong Kong has…
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Kering ponders the future of sustainable luxury, releases progress report
Global luxury group Kering, which owns fashion and jewelry houses including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, and Boucheron, has released the results of its sustainability progress rep…
Luxury Symposium 2023
Since its inception in 2016, this signature event has been gathering over 400 high-level speakers and participants each year with thought-provoking talks and discussions. This year, the event brings a…
Meet the architects transforming China’s luxury malls, marrying the physical, digital and whimsical
SKP co-founders Simon Mitchell & Torquil McIntosh sat down to talk about the innovative architecture and design studio Sybarite, sharing their vision for the mall and the inspiration behind its d…
Malaysia retail collective hits out at proposed luxury goods tax
The Malaysian government’s proposed luxury goods tax has sparked concern from a bevy of local retail associations, who have collectively demanded the government to “re-think and withdraw&#…
La Prairie opens Sydney Airport’s first permanent luxury beauty lounge
Swiss prestige skincare house La Prairie has unveiled Sydney Airport’s first permanent premium beauty lounge and skincare treatment service, launched in association with Heinemann Australia, as a high…
Luxury brands embrace China’s high-tech Gen-Z this Valentine’s Day
This Valentine’s Day, luxury brands released 500 exclusive collections for the romantic occasion on Alibaba Group’s high-end shopping platform Tmall Luxury Pavilion, leveraging high-tech tools t…
China’s luxury market contracts for first time in five years
China’s personal luxury sales contracted 10 percent year-on-year in 2022, ending its five-year run of exponential growth, according to a recent Bain & Company report.…
Luxury brands will continue to focus on China as economy improves
GlobalData said luxury brands will continue to focus on China as the expected revival in its economic growth will drive up sales for them.…
Korea’s LBG inks luxury joint venture with Cambodia’s WorldBridge
South Korea’s Luxury Business Group (LBG) announced on January 27 a new partnership with Cambodia’s WorldBridge Group — a joint venture that will give luxury retail professionals in …