Gucci is offering discounts of as much as 50 percent in China as the Italian fashion house seeks to clear out merchandise designed by its former creative director, prompting lines of Chinese shoppers to form since sunrise.
Gucci is offering discounts of as much as 50 percent in China as the Italian fashion house seeks to clear out merchandise designed by its former creative director, prompting lines of Chinese shoppers to form since sunrise.
Jumei International Holding Ltd. tumbled the most on record on concerns that China’s decision to cut taxes on imported consumer goods will reduce its pricing advantage.
Jumei International Holding Ltd. tumbled the most on record on concerns that China’s decision to cut taxes on imported consumer goods will reduce its pricing advantage.
Burberry Group Plc reported a 1 percent decline in annual earnings as the strength of sterling and decelerating sales in Hong Kong weighed on margins.
Burberry Group Plc reported a 1 percent decline in annual earnings as the strength of sterling and decelerating sales in Hong Kong weighed on margins.
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
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 is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Chinese tourists spent a record amount on luxury goods last month, helped by shopping sprees in Europe as the weak euro made items cheaper than at home.
Chinese tourists spent a record amount on luxury goods last month, helped by shopping sprees in Europe as the weak euro made items cheaper than at home.
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 is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Chanel’s move to unify its global pricing is a step forwards, but it doesn’t tackle the real reasons many Chinese shoppers prefer to buy overseas, says Avery Booker.
Chanel’s move to unify its global pricing is a step forwards, but it doesn’t tackle the real reasons many Chinese shoppers prefer to buy overseas, says Avery Booker.
Americans hunting for a bargain on a new Beemer, bottle of Chateau Margaux or Hermès handbag thanks to the sliding euro should put away their gold cards. European luxury goods sold in the U.S. still carry luxurious price tags.
Americans hunting for a bargain on a new Beemer, bottle of Chateau Margaux or Hermès handbag thanks to the sliding euro should put away their gold cards. European luxury goods sold in the U.S. still carry luxurious price tags.
As consumption slows and global pricing differences become more transparent, strategies that price luxury goods significantly higher in China are unsustainable.
As consumption slows and global pricing differences become more transparent, strategies that price luxury goods significantly higher in China are unsustainable.
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.
French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession.
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
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.
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.