While leveraging Key Opinion Leaders (‘KOLs’) in China can be a useful marketing tool, luxury brands must do their homework if they expect to see real results, argues Avery Booker.
Revenue from US customers like Target helped lift Li & Fung’s first-half profit by 16 percent.
Prada SpA, the Milan-based luxury handbag maker, posted the slowest half-yearly sales growth in three years as demand weakens in some Asian countries and in Europe amid economic and political uncertainties.
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
Singapore’s retailers, already facing growing regional competition, are under the biggest pressure since the Asian financial crisis.
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
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.