Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
travel-retail
Luxury
China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home
China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan.
China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home
China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan.
Retail
Tight-Fisted Tourists Damp Outlook for Hugo Boss, Tod’s
Spending is down 5 percent in Europe this year, dragged down by a 16 percent drop in France following the November terror attacks in Paris.
Tight-Fisted Tourists Damp Outlook for Hugo Boss, Tod’s
Spending is down 5 percent in Europe this year, dragged down by a 16 percent drop in France following the November terror attacks in Paris.
Retail
Missed Opportunity: China’s Neglected Domestic Travellers
While outbound Chinese tourists attract the most attention, holidaymakers shopping inside China are a consumer market that is growing too.
Missed Opportunity: China’s Neglected Domestic Travellers
While outbound Chinese tourists attract the most attention, holidaymakers shopping inside China are a consumer market that is growing too.
Financial Markets
The Growth Conundrum
As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.
The Growth Conundrum
As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.
Global Markets
In Japan, Luxury Flourishes While Economy Flounders
Japan’s economy is dipping in and out of recession, but the country is still one of the bright spots in the global luxury goods market. BoF reports.
In Japan, Luxury Flourishes While Economy Flounders
Japan’s economy is dipping in and out of recession, but the country is still one of the bright spots in the global luxury goods market. BoF reports.
Global Markets
Chinese Shoppers in South Korea Shun Luxury for Local Brands
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists.
Chinese Shoppers in South Korea Shun Luxury for Local Brands
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists.
Global Markets
Luxury Exposed to Paris-Like Attacks
Dependent on purchases by travellers in a limited number of global cities, luxury goods companies are susceptible to the impact of terror attacks.
Luxury Exposed to Paris-Like Attacks
Dependent on purchases by travellers in a limited number of global cities, luxury goods companies are susceptible to the impact of terror attacks.
Retail
The Anatomy of Travel Retail
Travellers account for 40 percent of global spending on personal luxury goods, with 12 to 13 percent captured through dedicated travel retail channels. Who is best positioned to capitalise?
The Anatomy of Travel Retail
Travellers account for 40 percent of global spending on personal luxury goods, with 12 to 13 percent captured through dedicated travel retail channels. Who is best positioned to capitalise?
Luxury
London Calling in Pre-Ramadan Rush
London is the fashion capital where oil-rich Arabs spend the most cash in the run up to Ramadan.
London Calling in Pre-Ramadan Rush
London is the fashion capital where oil-rich Arabs spend the most cash in the run up to Ramadan.
Retail
The Great Mall of China
With two-thirds of Chinese luxury purchases now made outside mainland China, the whole world has become a Chinese luxury shopping mall. Who is benefitting most?
The Great Mall of China
With two-thirds of Chinese luxury purchases now made outside mainland China, the whole world has become a Chinese luxury shopping mall. Who is benefitting most?
Global Markets
Gulf Tourists Flock to Munich’s Luxury Lifestyle as Paris Fades
Munich — thanks to the city’s medical facilities and array of luxury boutiques — has helped Germany race past France and Britain to become the European destination of choice for tourists from the Gulf states.
Gulf Tourists Flock to Munich’s Luxury Lifestyle as Paris Fades
Munich — thanks to the city’s medical facilities and array of luxury boutiques — has helped Germany race past France and Britain to become the European destination of choice for tourists from the Gulf states.
Global Markets
Chinese Tourists' Luxury Spending Soars in Europe
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' Luxury Spending Soars in Europe
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 News in Brief
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.