In the face of significant geopolitical and macroeconomic shifts, the luxury market appears to be weathering the storm, according to new research by Bain and Altagamma.…
In the face of significant geopolitical and macroeconomic shifts, the luxury market appears to be weathering the storm, according to new research by Bain and Altagamma.…
A slower-than-expected demand recovery in China’s beauty market, especially in prestige cosmetics, allied to “lingering headwinds” in the Hainan and South Korean travel retail sectors have marked Q3 c…
Coty has reported an 18 percent uptick in first quarter sales to USD 1.64 billion, on the back of surging growth in its prestige category, and double-digit gains across all markets, including Asia Pac…
The Estée Lauder Companies reported net sales of USD 3.52 billion for the first quarter ending September 30, down 10 percent, on the back of lacklustre Asia travel retail sales and a slow recovery in …
French luxury brand Hermès has opened its second store in Chengdu, and thirty-third in mainland China, as the Parisian house hones in on the Sichuan’s capital city.…
AI-powered shopping assistants, acting as brand ambassadors, improve customer experience by providing personalised recommendations, prompt responses to inquiries, and valuable guidance throughout th…
Takashimaya Shinjuku is finally finding its niche, using the Shinjuku store’s large and airy sales floors to rethink what a department store can sell. …
L’Oréal reported sales for the first nine months of 2023 totalled EUR 30.57 billion (USD 32.42 billion), up 12.6 percent like-for-like, or 9 percent on a reported basis, as the French beauty giant saw…
Southeast Asia and India are emerging as prime investment destinations and crucial markets for luxury beauty brands, according to a new report by Kearney and Luxasia.…
Hong Kong retail sales clocked an uptick of 13.7 percent in August, as mainland Chinese tourists returned to the city as major shopping hub post-pandemic.…