The growing potential of luxury travel retail

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As Deloitte’s latest Global Powers of Luxury report found, the world’s 100 largest luxury goods companies generated only $212 billion in 2015, down 4.5 percent year-over-year. Half of these luxury purchases, however, are made by travelers, a number that rises to 60 … Read More

Why luxury brands no longer give China’s online marketplaces the cold shoulder

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The world’s biggest luxury brands are increasingly jumping into China’s US$751 billion e-retail market The world’s biggest luxury brands have had a change of heart towards China’s online marketplaces, which they once saw as a no-win battleground of counterfeit sellers, … Read More

How Alibaba plans to win over luxury brands

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Alibaba, China’s largest e-commerce platform, is improving its services to make luxury brands feel at home on Tmall, its B2C marketplace for retailers. Brands with an image to protect have long been wary of the marketplace, which has been battling counterfeit … Read More

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