Louis Vuitton Archives - Inside Retail Asia
South Korean duty-free retailers have begun to clear stock through local channels in response to a temporary change in regulations designed to relieve the industry of low sales volumes caused by the coronavirus pandemic.
French fashion house Louis Vuitton is raising prices for its luxury items in the South Korean market, allegedly in a bid to take advantage of a prospective surge in buying following the coronavirus outbreak.
LVMH has reported a sales decline of 15 per cent for the first quarter of this year, a staggering achievement given its most lucrative market, China, was shut down for most of the period.
Louis Vuitton India has reported a 24.5-per-cent increase in profit year on year, representing a doubling of income since 2017.
As the hordes of mainland Chinese tourists who used to descend on the prime shopping districts of Paris has dried up within just a fortnight, luxury brands are beginning to plan staff layoffs and other strategies to reduce costs.
The world’s first Louis Vuitton cafe and restaurant have opened inside the stunning new Louis Vuitton Maison Osaka Midosuji in Japan.
French luxury house Louis Vuitton has inked a multi-year marketing deal with the National Basketball Association (NBA), which includes the crafting of the first LVMH official trophy travel case for the US sports organisation.
Chow Tai Fook Jewellery Group has revealed plans to shut about one in five of its Hong Kong stores, the majority of them in prime tourist areas.
Sands Shoppes Macau has introduced exclusive Christmas festive decorations at the Shoppes at Four Seasons in collaboration with Louis Vuitton.
South Korean consumers’ love for luxury labels is encouraging high-end brands to take bold, innovative moves into the market, opening pop-up stores and staging world-exclusive fashion shows.
The new Louis Vuitton Seoul flagship has opened, a collaboration with renowned architects Frank Gehry and Peter Marino.
Louis Vuitton in Thailand has unveiled a new store in Phuket, its first store outside the capital city of Bangkok.