luxury market

Retail Asia15/01/2019

As 2018 comes to a cold & wintry end, as political environment hots up, as new alliances, mergers and acquisitions take shape in business & politics, as GST corrections & FDI norms in ecommerce are tinkered, what is it that the Indian Luxury Industry can look forward to? Assocham figures continue to be optimistic and […]

Retail Asia10/10/2018

In China, luxury goods are no longer exclusively for well-heeled city folk. In fact, the future of brands like Louis Vuitton, Chanel, Gucci and Prada may lie in smaller cities like northern China’s Hohhot, which is 10 hours by rail to the capital of Beijing and has a population of three million. More than half […]

Retail Asia20/10/2016

Following a decade of declining health, 88-year-old King Bhumibol Adulyadej of Thailand, the world’s then-longest-reigning monarch, passed away in Bangkok on October 13. The king’s untimely death concluded a reign that lasted more than seven decades and initiated a year-long period of mourning, bearing substantial consequences for the nation’s luxury and fashion sectors. As declared […]

Retail Asia03/05/2016

China and the Chinese played a primary role in the growth of the luxury sector in the past decade. But what was once a boon for luxury goods brands is now turning around. Chinese consumers account for the largest portion (31 percent) of global luxury spending, up from only 1 percent in 2000, according to […]

Retail Asia13/11/2015

Chinese shoppers now account for 31 per cent of the world’s annual luxury sales. According to Bain & Company’s 2015 Worldwide Luxury Report, the overall luxury industry will surpass €1 trillion in retail sales value in 2015. The market delivered healthy growth of five per cent year on year (at constant exchange rates), driven primarily […]

Tag: luxury market

The Indian Luxury Outlook 2019

Small Chinese cities in China are the future for luxury

After Death of Thai King, Luxury Market Wavers

Is Growth For Luxury Brands in China Over?

Chinese account for 31% of global luxury sales