Luxury goods makers have long valued Chinese consumers not just because of their huge appetite for Gucci bags and Cartier watches—consultancy Bain estimates that Chinese purchased a third of all luxury goods sold globally in 2013—but also for their …
"It is actually quite odd that there have not been international ultra-luxe hotel brands in Kyoto until recently, considering the fact that Kyoto is an extremely popular tourist destination," says Catherine Heald, CEO of luxury travel planner Remote …
After his spell as the group's finance head, Lau served as a management consultant at McKinsey & Co, a consumer analyst at Morgan Stanley Asia and a brand manager of French luxury products. This background equipped him well to forecast a slowdown in …
Cognac has become the latest casualty in China's war on corruption, a nationwide crackdown that has squeezed the country's once-plump luxury goods market. Shipments of the French brandy to Asia, in particular China, have fallen sharply in the past year.
Axel Dumas, sixth-generation scion of the Hermès luxury goods dynasty and since February its CEO, has a secret. Sitting in his tenth-floor office with a glittering view of Montmartre, for an appointment that's taken weeks of negotiations, Dumas is four …
While high and ultra high end luxury sales have been a mainstay of Chinese consumption over the last fifteen years, affordable luxury brands, retailers and products have risen to the top of the list of the most desired, purchased and beloved in China …
And while Amazon had been taking down traditional retailers, there wasn't a company disrupting luxury clothing brands. Preysman, who is now based in San Francisco, wondered how to bring upscale shopping–the streets of SoHo–online. He started …
Hysan Development, the largest landlord in Causeway Bay, believes it can seize the opportunities from the consolidation of store networks undertaken by luxury brands as a slowdown in retail sales gathers pace. Deputy chairman Lau Siu-chuen, who raised …
The Tiffany name has survived two centuries but like all heritage luxury brands, it has sometimes had to cling to rather than ride the wave of progress. But Cumenal – a graduate of Institut d'Etudes Politiques, Ecole Supierieure des Sciences …