The ‘daigou’ business in China has boomed in recent years, accounting for RMB 34 billion to RMB 50 billion ($5 billion to $7.4 billion) in global sales last year, according to a report fro…
The ‘daigou’ business in China has boomed in recent years, accounting for RMB 34 billion to RMB 50 billion ($5 billion to $7.4 billion) in global sales last year, according to a report fro…
What’s working in luxury is good, old-fashioned retailing: Strong brand marketing, good product lines, distribution channels and cost discipline.…
Hermès confirmed stronger-than-expected global demand for luxury goods on Thursday, joining luxury goods industry leader LVMH and Gucci owner Kering in outshining third quarter results forecasts.…
Gucci will join 13 other new brands at the retail terminal, including Tiffany & Co., Kate Spade New York and Burberry, among others.…
Asian women are puckering up for South Korea’s newest lipstick trend, “MLBB”, which is tearing up mainland China, especially among millennial consumers.…
A new massive retail complex featuring an impressive lineup of international stores, offices and cultural facilities, will open in Ginza’s 6-chome area next spring, operators Mori Building Co and p…
Kering Group, the owner of Gucci and Saint Laurent, has appointed Claus-Dietrich Lahrs, the recent CEO of Hugo Boss, as CEO of Bottega Veneta on 4 October 2016.…
Swiss luxury group Richemont has issued another profit alert, because the luxury watch industry has stagnated once more in the first half of its new fiscal year. Its turnover has already taken a hug…
Retail sales in Hong Kong fell by 10 per cent in the first seven months of the year, compared with the same period in 2015, with purchases of jewellery and watches declining by 22 per cent.…
Nearly seven months after its debut, the Fenty x Puma Fall/Winter 2016 collection of ‘90s-inspired athleisure-wear is finally available to purchase.…