Red Luxury
Chinese Are Growing Weary of Domestic Brands
In a recent research report Barclays Capital says that after continued double-digit wage hikes, many more mainland Chinese aren’t just getting wealthier, but also more discernin...
Why Chinese Firms Are Reviving Western Luxury Brands
With most of the growth in the fashion and luxury sectors for the next decade posed to come from China, Asian firms are snapping up Western heritage brands for the Chinese market ...
Group Buying Loses Some Luster in China
China’s group buying market is overcrowded. In December 2011, 3,909 Groupon-like group-buying websites existed in China. Now, half of them have shut down, and experts say on...
Coach’s China Business is Soaring
Coach is winning over Chinese aspirational consumers and business is good. The aspirational luxury retailer announced strong sales and profits for its third quarter driven by impr...
Luxury Brands Want Chinese to Pay More in Europe
Snatching up bargains in Europe might be a thing of the past for Chinese luxury travelers if the major labels get their way. LVMH Moet Hennessy Louis Vuitton SA and several other ...
Aquascutum Acquired By Chinese Company
The Hong Kong-based YGM Trading, who manages the likes of Guy Laroche, Charles Jourdan, and J. Lindeberg, plans to purchase Aquascutum Ltd., the only part of the British heritage ...
Chow Tai Fook Sees Glitter in China’s Growing Middle Class
Whoever said all that glitters is not gold didn’t get the memo to Chow Tai Fook Jewelry Group, based out of Hong Kong. Despite China’s sputtering economic growth, the jeweler ...
