Market Pulse | A Boost in Confidence

Savigny Luxury Index February 2014 | Source: Savigny Partners

The Savigny Luxury Index (“SLI”) leapt by 6.7 percent this month, overperforming the MSCI World Index (“MSCI”) by almost six percentage points, as luxury sector investors seem to have received the reassuring they needed from a number of positive signals, reports Pierre Mallevays of Savigny Partners.

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The China Edit | Cult of Luxury, Hermès Weathers Slowdown, Jean-Marc Loubier, Alibaba Plans U.S. Site, Anna Sui

Birkin bag and Citroen 2CV at Hermès exhibition in Shanghai | Source: Flickr

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.

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Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

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