Luxury Fashion Brands Start to Sell on China’s WeChat Messaging App

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HONG KONG –  China’s Tencent Holdings Ltd. is using its vast social-media network to attract luxury-fashion brands to its WeChat app, potentially opening a new frontier in online retail. France’s Longchamp and the U.K.’s Burberry Group PLC have begun selling … Read More

These 6 Chinese Brands Made Deloitte’s Luxury Goods Power List

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Six luxury brands from China have made the “Global Powers of Luxury Goods 2017,” the list of the world’s top 50 luxury goods firms, which was just published by consultancy firm Deloitte. Topped by luxury conglomerates LVMH Moët Hennessy Louis … Read More

Report: Brands Need to Innovate to Cater to ‘Established’ Chinese Luxury Shoppers

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From Louis Vuitton’s Monogram patterns and Hermès’ Birkin handbags, to Mulberry’s Bayswater series, luxury brands’ classic pieces not only once defined the essence of each mega-brand, but also served as a key source for growing sales and profits. However, a … Read More

Gucci reports stellar 34% growth in sales in the first quarter of 2017

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Kering Group reports first quarter revenues increase by 31.2% to €3.57bn, lifted by a 34% jump in sales. The growth was driven by double-digit increases across its product categories, including “ever-increasing demand for ready-to-wear and shoes”, as well as “excellent … Read More

Jimmy Choo’s biggest sale can’t be found in any store

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Jimmy Choo’s latest sale can’t be found in store but will be the brand’s biggest yet Highly coveted shoes and handbags have been good to the iconic British designer as Jimmy Choo recently reported an increase of 43% in operating … Read More

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