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Luxury eyes focused on China after Richemont’s Q3 sales miss
"The catch-up from Chinese consumers will come as strong as sales decelerated in 3Q, as they were able to save money dur...
Luxury group Richemont’s Q3 sales rise helped by tourist demand
But the Asia Pacific region saw sales fall 7 per cent as sales in China, Hong Kong and Macau fell.
Models at launch of iDecorate’s ‘gallery’ store
Models Angie Ng and Cara G attended the launch of iDecorate’s “gallery” store in Times Square.
Chinese watch sales move to mainland
Chinese watch sales continue to migrate from Hong Kong and Macau to the mainland - but the volume is improving.
Richemont sales woes prompt radical response
As Richemont sales continue to fall, the luxury brand owner has axed its CEO role and continues to cull stores as Chines...
Richemont forced to buy back stock from Asia
Luxury goods firm Richemont expects first-half profits to nearly halve after sales slip.
Mall promises “F1 frenzy” for Singapore Grand Prix
Marina Bay Sands is promising an “F1 frenzy” to mark the ninth Singapore Grand Prix.
TimeVallee Watch Boutique goes duty free
In a first for the market, a TimeVallee Watch Boutique has opened inside Japan Duty Free Ginza, in the Mitsukoshi Ginza ...
Richemont warns of profit plunge
Luxury retailer Richemont blames derivatives for a 36 per cent profit plunge.
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