Singles Day breaks all records – again

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Alibaba, the inventor of Singles Day, as a commercial event (now officially called “Global Shopping Festival“) announces ever increasing sales on 11th November each year; the sky seems the limit. Last year’s record of 120.7 billion yuan (17.8 billion US … Read More

Can Outlet Malls Bring Value to Luxury Brands?

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An Outlet Empire Builds On Chinese Travelers Many people would associate outlets with old, cheap, discounted merchandise and remote locations. Discount labels seem to be a comfortable fit for outlet shopping malls, but the outlet empire built by Value Retail is … Read More

China’s ‘Golden Week’ props up luxury property demand in Vancouver real estate market

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In cutthroat real estate markets like Vancouver’s, Chinese “Golden Week” in early October is auspicious. Chinese families often celebrate the week long national day holiday by visiting family or going on vacation. Sure as the rain, a flood of Chinese … Read More

Kering Group Q3 revenues up 28.4 percent

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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 industry’s biggest companies ride a recovery in demand from Chinese consumers. Kering, which also houses … Read More

eBay will now verify luxury handbags sold on the site

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Sellers of high-end brands can choose to use the authentication service for a fee. eBay is now offering a new service for sellers of high-end handbags. Today the company launched eBay Authenticate, a program that photographs, lists, sells, ships and … Read More

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