Luxury brands in a quandary as China’s wealthy young develop resistance to bling
Gucci and Prada’s financial results are disappointing and there’s a fear that the west can’t provide what sophisticated Chinese shoppers want
Posts Tagged 'Luxury goods sector'
Diageo takes £264m hit after China’s luxury goods crackdown
Drinks maker hit by its stake in Shui Jing Fang as sales tumble 78% after government action over baijiu and other brands
Stephen Burks on DIY-meets-luxury and sustainable design
The modernist designer seeks ‘a return of the hand’ – or handmade products – in high-end consumerism
Made for you: Prada’s customised shoes and the rise of personalised fashion
Tailor-made brogues, customised silk scarves, monogrammed trunks – personalisation is big news at luxury brands and on the high street, as customers are increasingly enjoying taking control
Hermès’ artistic director leaves after four years
Christophe
Lemaire, the artistic director of Hermès, has just announced he will be leaving the French fashion house after four years. Now, all eyes are on who will take over next
Sunseeker boss Stewart McIntyre abruptly leaves luxury yacht builder
Founder Robert Braithwaite to take over as acting president after managing director exits Chinese-owned company