It reads to me weaker sales is largely due to poor operations, even for savvy luxury brands such as LVMH, which tend to charge a substantial premium for their products in mainland China. At some point, they will have to forgo fatter margins for bigger …
However, the popular social tool has also become the home of hundreds of fake luxury brand dealers, who sell counterfeit items ranging from Chanel and Prada handbags to Rolex and Omega watches. The central government has cracked down in recent …
The Indian Institute of Management, Bangalore (IIM-B) offers a three-day course on “Strategic Management of Luxury Business: Managing luxury products and services” to open more opportunities for senior managers and entrepreneurs in the luxury brand …
Since the start of both slowing economic growth and China President Xi Jinping's corruption crackdown, luxury brands such as Louis Vuitton have taken a hit in their previously booming China sales. Louis Vuitton's owner, conglomerate LVMH, has been …
Usually London is the primary hotspot for these seasonal visitors and the impact that this can have for the luxury goods market in the capital is well-documented. It's not merely watches but clothes, accessories and other jewellery items that tend to …
As demand for luxury products grew in Greater China, the need for regional distribution centres – whether in Hong Kong or Shanghai – will rise. Kerry has managed such a centre for the French luxury brand in Hong Kong for more than 10 years. The total …
Travellers can buy premium skin, hair and body care products at Kiehl's, and high-quality luxury travel, business and lifestyle accessories at Tumi. BWI Marshall CEO, Paul Wiedefeld, says: “These new offerings will bring a high level of service and …
This summer, Apple recruited Paul Deneve, the old CEO of Yves Saint Laurent, to work on the development of special projects. Luxury products and Apple appears to be a partnership that goes hand in hand. Post a comment. Tags : burberry, angela ahrendts, …
Ahrendts telegraphed her admiration of Apple in 2010 when The Wall Street Journal asked her if she was trying to mold Burberry into something similar to other luxury brands in the fashion industry. ''I don't look at Gucci or Chanel or anyone …