How India’s Share In Global Luxury Market Is Increasing, Amidst Challenges

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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 a phase of transition, the Indian luxury market … Read More

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

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

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

Canada Goose to open new store in London, Tokyo, Chicago and Toronto

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Canada Goose is opening new stores in Toronto and New York and announcing further openings in London and Chicago for the autumn. Canada Goose has announced several new stores in North America for the end of 2017: one in Calgary, Canada, … Read More

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