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The Key To Success For Luxury Brands In China
A man walks past a boutique of the Louis Vuitton luxury goods company in Beijing, China, November 30, 2016. REUTERS/Thomas Peter I don’t normally write about this specific topic: luxury brands in...
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Why Singapore Is Rebranding, This Time With Luxury In Mind
Singapore in June 2017. (Photographer: Sanjit Das/Bloomberg) The global luxury market, which saw a downturn in the last few years due to economic headwinds appears to be finally turning a corner, says...
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High-End Malls in Top Cities Are Where the Chinese Go to Buy Luxury, Offline
Photo: Sarymsakov Andrey / Shutterstock Luxury brands should expand their store networks in China’s first-tier cities such as Beijing, Shanghai and Shenzhen because shopping malls there are where the...
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Dolce&Gabbana reports record turnover of €1,3 billion
Dolce&Gabbana reports consolidated Group turnover rose to 1.3 billion euros in 2016 compared to 1.18 in the previous year, an increase of 9.6%. Profits have practically quadrupled, since a year...
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Montreal emerges as luxury real estate ‘hot spot’: Sotheby’s
VANCOUVER — Montreal is emerging as a luxury real estate “hot spot,” while Vancouver and Toronto sales should pick up this fall after somewhat sluggish times, according to a new report. Sotheby’s...
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Among Luxury Brands, Instagram Is the Top Engagement Platform
Shutterstock / Andresr PMX Agency’s latest report reveals top luxury brands and web sites In its annual Luxury Brands Online report, the PMX Agency noted the growth and influence of Millennials and...
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Louis Vuitton and Hermès lead Interbrand ranking
Louis Vuitton Fall Winter 2017 ad campaign Among luxury players, Louis Vuitton held its top position, while Hermès and Gucci climbed, Burberry and Prada slipped, and Ralph Lauren dropped off the list...
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Swarovski launches officially on Amazon
Swarovski 2017 Amazon is strengthening its jewellery and watches offering with the addition of popular jewellery brand Swarovski. The online giant, which has been trying to boost its clothing and...
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How Chinese Consumers Reshape the Global Luxury Business
Photo: Sam’s Studio / Shutterstock The rapid maturation of Chinese luxury consumers in the fast-changing domestic retail environment has fundamentally changed the way that global luxury brands grow...
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China’s rich get richer – Hurun Report 2017
Xu Jiayin, Evergrande Group 1184 saw their wealth increase, of which 348 are new faces, 2130 individuals, up 74 since last year, with a wealth cut-off of US$300 million, average wealth rose 12.5% to...
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High-end Golf Course Ban Signals Beijing’s Tenuous Position on Luxury
Photo: Shutterstock Authorities Ban High-end Golf Courses Before Party Congress The Chinese government has ordered to cease the golf-course offering at a Dalian Wanda-owned resort in northeastern...
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Kering Group Q3 revenues up 28.4 percent
Gucci Fall Winter 2017 ad campaign Surging demand for Gucci’s accessories and colorful designs helped French parent Kering Group beat sales forecasts in the third quarter, as some of the luxury...
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Selfridges reports record financials
Selfridges has had yet another good year with the luxury department stores operator turning in record results for the 12 months to January. Being a privately-held company, the results are short on...
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China’s ‘Golden Week’ props up luxury property demand in Vancouver real...
Flickr creative commons photo of downtown Vancouver by madisynaliya In cutthroat real estate markets like Vancouver’s, Chinese “Golden Week” in early October is auspicious. Chinese families often...
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Can Outlet Malls Bring Value to Luxury Brands?
Bicester Village, is home to brands such as Dior, Fendi and Saint Laurent, also one of the most successful outlet village among all, needless to say, it is an heaven of Chinese luxury goods deal...
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Singles Day breaks all records – again
Alibaba ‘Singles Day’ 2017 with Nicole Kidman Alibaba, the inventor of Singles Day, as a commercial event (now officially called “Global Shopping Festival“) announces ever increasing sales on 11th...
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4 Takeaways for Luxury Brands from China’s 2017 Singles Day Bonanza
Jack Ma stood with Hollywood star Nicole Kidman during the Singles Day “See Now Buy Now” fashion show. Photo: VCG China’s Singles Day, the one-day digital shopping frenzy on November 11, had another...
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Japan’s Luxury Market Enters a New Era
As a recent economic surge lifts spending in Japan’s luxury market — the second largest in the world — how can brands capitalise on this momentum? TOKYO, Japan — Japan’s luxury-goods market is growing...
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How India’s Share In Global Luxury Market Is Increasing, Amidst Challenges
GST has brought in much needed transparency in luxury sector, streamlined domestic supply chain and a push to the retail market further Luxury market is still not a priority for government. Undergoing...
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Chinese consumers contribute 1/3 of global luxury market
A woman walks past a Louis Vuitton advertisement in Fuzhou, capital of East China’s Fujian province. (Photo by Chen Hao/For China Daily) The 2017 Worldwide Luxury Market Monitor, jointly released in...
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