Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Officially certified Japanese Kobe beef, the rarely exported luxury Japanese culinary delicacy, can now be found in Hong Kong. Hong Kong is only the second foreign market after the nearby Macau to have the permission to import the renowned Kobe beef, a meat with buttery taste and a marble-like texture that melts in your mouth. “The … Read more
Sustainable Apparel Coalition unveils new eco-index A logical step toward long-term sustainability of the fashion industry, the new Higg Index was announced by clothing and footwear firms including Nike, Marks & Spencer, Levi Strauss, Walmart, Adidas, VF Corp, Arvind Mills, Li & Fung, TAL Apparel and H&M Hennes & Mauritz, all members of Sustainable … Read more
Shoe Fashion Week To Launch in September During September’s NYFW SS 2013, there will be another parallel chain of events focused on luxury shoe designers and fashion houses in a interactive experience. The Shoe Fashion Week will feature shoes, handbags, and accessories as they flow and there will be celebrities and their brand associations.”We want … Read more
Knightsbridge store unveils department earlier than usual to capitalise on record amount of tourists visiting the capital
BMW to sell electric cars online BMW‘s electrified i3 city car and i8 sports cars will be offered to customers online, as well as through dealerships, announced the company. This is a first for an automaker, BMW aiming drastically to reduce costs via online sales. Of course, it is just an experiment, but it … Read more
Chinese buying more luxury goods at home: survey Chinese shoppers are increasingly buying luxury goods in mainland China, turning away from high-end stores abroad and in Hong Kong, according to a poll by market research firm Ipsos, cited by AFP. The poll found that Chinese buyers preferred to shop on the mainland for luxury … Read more