Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage ...
voguebusiness1d
Richemont sales slip 1% as demand slumps in China
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
Hypebeast1d
Moncler Eyes Burberry Acquisition and LVMH Buys into Our Legacy in This Week's Top Fashion News
From a strategic point of view, it seems that as LVMH’s flagship brands see flattening growth, the company is increasingly ...
China Internet Information Center1d
Bulgari intends to expand its network in China, says CEO
Italian luxury brand Bulgari plans to further expand its network within China, said Bulgari CEO Jean-Christophe Babin, during ...
Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
The Cut on MSN1d
Are My Clothes About to Get More Expensive?
About 98 percent of all clothing sold in the U.S. today is made abroad. And most of that clothing is made in Asia, ...
A New Audi EV Station Wagon Is Coming Next Year
Audi is launching an EV brand in China called AUDI. The new line will consist of vehicles co-designed with SAIC that won't ...
motorbiscuit1d
Ferrari sales suggest the Italian automaker may be immune to industry woes
According to the Wall Street Journal, Ferrari posted better sales and earnings figures in the third quarter of 2024 than the ...
The new AUDI brand is a joint venture with SAIC, and Audi promises that AUDIs will drive like Audis
A fun fact I didn’t know is that Audi was the first “premium car brand” to enter the Chinese market back in 1988, and Audi’s experience in the market is why it decided to create AUDI, which is being ...
The Grand Junction Daily Sentinel1d
Cartier owner's profit sinks as China sales slump
Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in China, ...
Luxury Hits A Wall. What’s Going On And What’s Next?
A few weeks back, industry leader LVMH started things off with a surprising sales drop. Rival luxe conglomerate Kering Group, owner of Gucci, followed up a week later with a 16% sales decrease and a ...