China Leads Global Recovery of the Luxury Watch Market, After Years of Decline

with No Comments

Before the anti-corruption campaign, high-end timepieces were one of the most sought-after luxury items by rich (and corrupt) Chinese government officials looking to flaunt their power. The campaign, initiated in 2014, largely curbed that demand, causing the whole market to … Read More

The growing potential of luxury travel retail

with No Comments

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

Alibaba Unveils Exclusive Luxury Pavilion Courting Super-Wealthy Chinese Shoppers

with No Comments

Calling All Super-Wealthy Tmall Customers Chinese e-commerce giant Alibaba Group today launched the Luxury Pavilion, a brand new section within its business-to-consumer site Tmall for premium and luxury brands. The initiative is part of a broader bid, according to Alibaba’s news … Read More

1 2 3 4 5 25