Luxury home décor and interior design sponsors will be showcasing and gifting products from Pacific Green sustainable furniture made with Palmwood®, Divine Design USA fine home furnishings, Thermos brand Stainless King™ travel tumbler and Rocket …
Excluding Kering's big three labels, profit at its smaller luxury brands, which includes London names McQueen, Kane and McCartney, were up 19.6 per cent. But 2013 sales at sportswear brand Puma, in which it owns a 84 per cent stake, were down 8.7 per …
Most of the luxury purchases are made on third-party sites like Alibaba-owned Tmall and Taobao. That's partly because Western luxury brands have been slow to sell directly to consumers online in China, fearing that it will debase their label and that …
Customers in China and all over the world are demonstrating great maturity in the choices they make when purchasing luxury products. They want great products with beautiful leather and finishings, that are practical and able to last a lifetime …
In this newly created role, Ms. Hermann will be responsible for strategy, merchandising, distribution, and overall expansion of the global luxury businesses, including Men's and Women's Collection brands in apparel, RRL and accessories, as well as …
"Gucci is massively hit by its store repositioning right now as its Chinese footprint was inappropriate," Erwan Rambourg, luxury goods analyst at HSBC, said. Kering Finance Director Jean-Marc Duplaix said same-store sales at Gucci were negative in …
BEIJING, Feb 21 (Bernama) — Buying luxury products is one major reason for rising overseas travel by Chinese tourists, a sign the country's increasingly rich population will boost worldwide luxury sales. In their travels last year, 64.6 percent of …
21 (Xinhua) — Buying luxury products is one of the major reasons for Chinese to travel abroad, a sign that the country's increasingly rich population will boost worldwide luxury sales, the China Youth Daily reported on Friday. Some 64.6 percent of …
The luxury–goods market in China appears to be recovering from the effects of the government's anti-graft policy, which was launched in 2012. Sales of Hermes, a French brand, in China, for instance, rose near 20% in 2013, which is record growth.