Hurun Report: Rich Chinese Prefer Gifting Apple, Chanel, and Bvlgari

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Despite a crackdown on corruption, luxury gifting remains a deeply entrenched social norm in Chinese society. A recent report by the Hurun research institute examined the major international luxury brands that China’s high-net-worth individuals (HNWIs) typically look to when it … Read More

Feeding the fashionistas: Gucci turns to fine dining

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FLORENCE, Italy (Reuters) – It’s all a matter of taste. Luxury labels are accustomed to tempting fashionistas, and now they’re stretching from haute couture to haute cuisine. Gucci opened a 50-seat restaurant, Gucci Osteria, in Florence on Tuesday where three-Michelin-star … Read More

Should Luxury Marketing Be More Entertaining?

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Mass-market brands often use entertaining or even extremely funny advertising strategies to market their products. Super Bowl commercials are the best example; they are watched and talked about primarily for their entertainment value and the funniest commercials stand out and … Read More

EU lets luxury brands block goods from Amazon

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Cosmetics firm Coty won the right not to have its name associated with Amazon. Luxury brands in Europe have won the right to block sales of their products online if they feel it damages their image. An EU court ruled … Read More

Louis Vuitton and Hermès lead Interbrand ranking

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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 entirely. While Apple, Google, and Microsoft are the three most valuable brands, Louis Vuitton held … Read More

Luxury brands look to Australia: 50 different retailers are considering expanding Down Under

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International luxury and premium brands are eyeing off Australia as a prosperous market, with experts believing the local luxury goods market could become more similar to Europe’s in the coming years. Real estate firm CBRE said in a recent trip to … Read More

Luxury brands coming to Melbourne Airport’s new high-end shopping precinct

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Melbourne Airport is to expand its retail offering with the addition of luxury brands Tiffany & Co, Burberry, Salvatore Ferragamo, Max Mara and Emporio Armani in Terminal 2 later this year. The outlets will open in the airport’s new high-end … Read More

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