Red Luxury
Gucci’s Image Makeover In China
According to a 2011 Bain & Co. Chinese luxury survey, Gucci stood as the third most desired luxury label in the country behind Louis Vuitton and Chanel. But for Patrizio di Ma...
Watch Out: Luxury Timepieces Don’t Come With After-Service in China
While the allure of tradition may entice many of China’s elite to purchases luxury watches, many of those customers get more… headaches… than they expect. The World ...
Chinese and Italian Sensibilities Merge in China’s First Luxury Brand for Men
More than ever before, the Chinese can now lay claim to gobs of disposable income and better fashion sense. So what’s holding back the emergence of a major Chinese fashion label...
Why China Keeps Buying Despite Rising Price of Luxury Goods
The new year means new, higher prices for luxury brands across the board. Gucci raised the price of its bags by 10 percent globally. In November, the prices of leather products fr...
The Ripple Effect of China’s Luxury Handbag Frenzy
The prosperity washing over China has a ripple effect. In a country with 875,000 millionaires and a thriving middle class enamored with luxury goods, business opportunities are ...
Chengdu Banks on Luxury for Status and Success
Forget stimulus checks; local Chinese governments are encouraging luxury buying as a means of increasing revenue. While there may be rumblings in top-tiered cities like Beijing ab...
Why Chinese Don’t Fancy Fragrance Yet
The Chinese may admire the West and adopt many of its luxury products and preferences, but not so with fragrances.
“Fragrances do not have as long a history in China as in the W...
