The market for luxury technology has become broader following the launch of higher priced versions of Apple’s iPhone, according to the maker of the world’s most expensive smartphones. Vertu, the British luxury smartphone maker, will on Thursday unveil the Signature … Read More
China’s share market plunge and currency devaluation have not resulted in Chinese shoppers cutting back their spending on luxury goods as had been feared, a top-ranked HSBC analyst said this week. Mr Erwan Rambourg, HSBC Global’s co-head of consumer and … Read More
The second-in-command at Kering, a luxe conglomerate that owns Brioni and Gucci among others, expects the luxury boom to continue, despite recent bumpiness in the global economy. Between the wild U.S. stock market moves in recent weeks, Brazil’s credit downgrade, … Read More
Choosing where to invest is never easy, but at least you have a very wide range of options to consider when you are developing and expanding your investment portfolio. There are many traditional routes to pursue for your investments, and … Read More
The impact of China’s slowing growth on luxury-goods sales shouldn’t be overstated, according to Jean-Christophe Babin, chief executive officer of Italian jeweler Bulgari. “It’s not a catastrophe, it’s a correction,” Babin said Wednesday in an interview with Bloomberg Television at the … Read More
In the first half of 2015 luxury brands achieved a 4 percent rise in digital performance, but there is still room to grow, according to a new report from ContactLab and Exane BNP Paribas. Brands are boosting their ecommerce efforts, … Read More
There were times when China was the holy grail for global retailers. Logo-obsessed Chinese buyers seeking opulence were armed with cash fresh from the economic boom. Luxury retail brands flocked to the new market, with the result of 35% of … Read More
Instagram isn’t only just a tool to show our friends — and sometimes complete strangers — all the fabulous things we’re doing. It’s also a big business. Companies are leveraging the social media platform to increase brand recognition and ultimately … Read More
After several store closures in the past two years, namely Vilebrequin, Ermenenegildo Zegna, Hugo Boss, La Martina and Victoria 46 (Dior), the Romanian luxury market, mostly concentrated in the capital of Bucharest, is showing signs of revival. Michael Kors is opening this Fall its second store in Bucharest … Read More
Move over Hong Kong, Tokyo and Singapore. Seoul is emerging as Asia’s new fashion showcase, with the world’s top luxury firms seeking to cash in on the regional trend-setting popularity of South Korean pop culture. Fast-growing Asia is a key … Read More