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

Is online luxury the holy grail of retail – and ‘Amazon proof’?

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“It’s a big boys’ game … it’s not for the faint hearted,” South Africa’s richest man and chairman of Richemont, Johann Rupert, once quipped about the online luxury market. But in the three years since, Richemont has become emboldened enough … Read More

Richemont Snaps Up Yoox Net-à-Porter As Luxury Battle Moves Further Online

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In the latest demonstration of how e-commerce is the without doubt new front line in the luxury wars, Swiss conglomerate Compagnie Financière Richemont (cfruy) said on Monday it was buying the rest of leading online luxury retailer Yoox Net-à-Porter in … Read More

Is Luxury Sportswear Worth “The Hype”

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Remember when showing up in yoga pants and trainers anywhere outside of the gym was once frowned upon? Yeah, so do we. Yet today’s street-style icons and athletic professionals flaunt their healthy lifestyle 24/7 by donning luxury trainers and high-performance sportswear. … Read More

Stella McCartney Joins Alibaba’s Invite-only Luxury Pavilion

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British luxury brand Stella McCartney has launched a flash sale store on Alibaba’s invitation-only luxury portal Luxury Pavilion, which is exclusively open to the country’s super-rich VIP members, to sell a selection of items including fashion, footwear to handbags. The … Read More

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