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luxury goods

luxury goods Archives

South Korean luxury consumption expands beyond bags

Market researcher Euromonitor reported 4.6 percent growth in South Korea’s luxury market from last year, reaching an agg...

Demand for luxury goods soars despite higher prices

While some customers complain about a constant rise in prices, the popularity of luxury goods continues to grow.
luxury retail

Why luxury retailers must go above and beyond on service

The luxury consumer, in particular, needs to feel valued. Appreciated. And it does take a certain skill set to make that...

Bain slashes global luxury goods sales forecasts

New data from Bain & Company shows global luxury goods sales will struggle to maintain growth.

Offshore Chinese luxury spend up 10 per cent

Chinese luxury goods spending plummets 25 per cent in Hong Kong - but rises 10 per cent globally.

Asia luxury goods market still growing

The Asia luxury goods market is still growing rapidly despite negative press about Hong Kong, Macau and deteriorating Ch...

Komehyo Hong Kong opens showroom

Used luxury goods retailer Komehyo Hong Kong has opened a downtown showroom as part of its Japanese parent's regional ex...

China dents Hugo Boss’ profitability

German luxury fashion house Hugo Boss joins luxury retailers reporting weaker sales on China’s slowdown. Hugo Boss...

Richemont posts flat China sales

Swiss luxury goods giant records less favorable figures in China.

Chinese the world’s biggest luxury spenders

Study profiles soaring spending of Chinese consumers.