Luxury brands are casting a wide net to find Chinese celebrity ambassadors, but some must now realise that a great catch is not always the right match.
The common denominator to attract female clientele in the luxury watchmaking industry has so far usually been a sparkly one — diamonds. Vacheron Constantin, the oldest Swiss watchmaker in continuous operation, plans to change that.
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.
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year “hongbao” gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
The franc’s record surge may prompt luxury watch retailers in Hong Kong to absorb some of the price increase from Switzerland’s high-end timepiece makers as demand stays weak amid a slowing Chinese economy.
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Britain’s leading fashion brands are hoping to give menswear sales a lift by targeting younger, digitally savvy male shoppers with live streaming and social media to promote the twice-yearly mens fashion week that began on Friday.
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
Mansur Gavriel is generating Birkin-esque waiting lists for its colourful handbags. Founders Rachel Mansur and Floriana Gavriel discuss getting the brand off the ground and the perks and pitfalls of its rapid growth.