Divia Harilela speaks to Rupert Sanderson and Hong Kong-based entrepreneur Bertrand Mak, who owns 100 percent of the brand’s China business, about the challenges of launching a niche label in the world’s largest luxury market.
Divia Harilela sits down with Jean-Marc Loubier, chief executive of First Heritage Brands, an investment arm of the Fung Group which owns Robert Clergerie, Delvaux and Sonia Rykiel, to talk about his global investment strategy.
Divia Harilela sits down with Philippe Schaus, chairman and CEO of DFS Group, to discuss the growing travel retail market, the spending patterns of Chinese travellers, and the evolution of DFS.
HONG KONG, China — According to a closely watched report recently published by Bain & Company, a consultancy, and Italian luxury goods trade organization Altagamma, luxury sales growth in China has started to slow. Consumer spending on luxury apparel, accessories and other personal items is expected to climb by a relatively modest 8 percent in 2012, compared with 30 percent last year, leaving many wondering where future growth
HONG KONG, China — With her striking looks and impeccable taste, it’s no surprise that Sarah Rutson-Pang is a permanent fixture in the front rows of Paris and Milan. There are countless YouTube tributes dedicated to her inimitable style. And she has become something of a celebrity on street style blogs like Jak & Jil and The Sartorialist. But her influence goes far beyond the front row appearances and glamorous photos. As the
BEIJING, China — For the past few years, all eyes have been on China. Captivated by the country’s rapidly expanding economy, large population and seemingly insatiable appetite for luxury goods, global fashion brands have focused their efforts on the Middle Kingdom, opening glittering stores in megacities like Beijing and Shanghai, as well as fast growing middleweight cities like Guangzhou, Hangzhou, Shenzhen and Tianjin, and
We continue this week’s focus on e-commerce by turning our attention on how to succeed in the rapidly expanding e-commerce market in China. BEIJING, China — According to a recent report by The Boston Consulting Group (BCG), China is set to become the world’s next e-commerce superpower, surpassing the United States to become the largest online commerce market in the world, with an estimated market size of $300 billion. In
BEIJING, China — According to Bain & Company, a consulting firm, China is currently the world’s second largest consumer of luxury goods, ahead of Japan and second only to the United States. McKinsey forecasts that by 2015, China will account for around 20 per cent, or 180 billion renminbi (US$27 billion) of global luxury sales. With numbers like these, it’s no surprise that a major land grab is underway amongst fashion brands