Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
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Latest News & Analysis
China
Is It Game Over for China’s Grey Market Sellers?
A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk.
Is It Game Over for China’s Grey Market Sellers?
A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk.
Luxury
Louis Vuitton Sees 'Unheard-Of' Growth in China
Consumers in the key luxury market have been buying more handbags and watches at home instead of abroad in recent months.
Louis Vuitton Sees 'Unheard-Of' Growth in China
Consumers in the key luxury market have been buying more handbags and watches at home instead of abroad in recent months.
China
China Puts a Pretty Face on Shiseido's Sales
Widening losses in the US and Europe and a company supply shortage caused a 29 percent slide in fourth-quarter operating profit, despite an 8.9 percent rise in 2018 sales.
China Puts a Pretty Face on Shiseido's Sales
Widening losses in the US and Europe and a company supply shortage caused a 29 percent slide in fourth-quarter operating profit, despite an 8.9 percent rise in 2018 sales.
Luxury
Fashion’s Dirty Secret: Millions in Grey Market Sales
The sale of luxury goods on the grey market is a lucrative and largely unspoken practice in the fashion industry. Why are brands so hush-hush about it and do they really want it to end?
Fashion’s Dirty Secret: Millions in Grey Market Sales
The sale of luxury goods on the grey market is a lucrative and largely unspoken practice in the fashion industry. Why are brands so hush-hush about it and do they really want it to end?
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China
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
China
The China Edit | Daigou Agents, Taobao Wipes Out Stores, Jumei IPO, Bespoke
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Daigou Agents, Taobao Wipes Out Stores, Jumei IPO, Bespoke
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
'Daigou' Agents Help Chinese Get Luxury Goods for Less
A growing number of Chinese are turning to "selling agents" to circumvent import duties and get their hands on authentic luxury goods at lower prices.
'Daigou' Agents Help Chinese Get Luxury Goods for Less
A growing number of Chinese are turning to "selling agents" to circumvent import duties and get their hands on authentic luxury goods at lower prices.
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The News in Brief
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.