Luxury brands

The Latest

  • Hermes Reports Strong Record Profits In China
    FILE PHOTO: The front of the Hermes store is seen along Madison Avenue in New York
    Hermes' sales of Birkin bags increased in the second quarter.
  • French Luxury Company That Owns Gucci, Bottega Veneta And More To Go Completely Fur-Free
    Francois-Henri Pinault, Chairman and Chief Executive Officer of French luxury group Kering.
    Gucci and Bottega Veneta discontinued their use of the material years ago, but the French luxury group is now instituting a fur-free policy across all of its brands.
  • Prada Sales In China Surpass 2019 Levels As Economy Rebounds
    Prada
    China's demand for its luxury products has managed to drive Prada's Chinese sales well above the levels recorded last year.
  • Victoria's Secret Shuts Down Its Last Store In Hong Kong
    Victoria's Secret
    The US lingerie and women's clothing brand closed down its massive flagship store in Causeway Bay, signaling its exit from the city.
  • Luxury Industry To Recover Once China Does
    China Gold Industry
    An expert in the fashion industry suggested that luxury brands should focus on online marketing and sales to boost revenue during the pandemic.
  • Louis Vuitton Open New Flagship Store And Restaurant In Japan
    Louis Vuitton
    Louis Vuitton officially opened its new Le Café V and Sugalabo V at the top of its new Japanese flagship outlet.
  • LVMH Close To Tiffany & Co Acquisition In Reported $16.3 Billion Deal
    Tiffany & Co
    LVMH has reportedly increased its offer price to $135 per share in an attempt to persuade Tiffany & Co to accept its acquisition bid.
  • China Online Diamond Sales Have Grown Significantly
    Sales Of Diamonds Picking Up Online In China
    Gone are the days that Chinese online shoppers stop at buying diamonds.
  • China’s Premium Cars Disappearing From The Assembly Line
    Despite Worldwide Auto Slump China's Luxury Cars Continue To Sell
    The affluent are willing to pay the price for quality believing luxury cars are a reflection of their success and credibility.
  • China’s E-Commerce Rescues Foreign Beauty Company’s Sales
    Beauty Company L'Oreal Sees Luxury Gains In China
    With China’s consumer market’s preference for luxury goods, French beauty company L’Oreal had impressive profits.
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