The most-sought after luxury brands in China. Chanel overtakes Louis Vuitton as most sought-after global luxury brand in Digital Luxury Group‘s World Luxury Index China – 2nd edition. Chanel overtook Louis Vuitton thanks to rising interest in various product segments, particularly beauty. Interest for Louis Vuitton on the other hand originated mainly from the fashion … Read more
Benefitting from a fast-growing middle class and a fast-developing distribution network, sales of luxury goods in China have consistently outperformed the global market. Sales of luxury goods in China tripled in value in the 5 years to 2012 and by 2017 the country’s luxury market is set to double in value again, according to the … Read more
The most-searched luxury brands in Brazil What are the most sought-after luxury brands in Brazil? 20+ million consumer online searches originating from Brazil shaped the key trends of the Brazilian luxury market identified in the latest World Luxury Index – Brazil released by Digital Luxury Group (DLG). The study covers 300+ luxury brands within six … Read more
Chinese interest for luxury watches is growing. The big players get bigger Chinese consumers are becoming more educated and sophisticated A near 40% increase in searches shows that the interest for luxury watches in China remains strong despite a macroeconomic slowdown, according to the “World Luxury Index China: Watches” study launched by Digital Luxury … Read more
Watch Of The Year 2012 awards went to ladies luxury timepieces An unprecedented situation at the 19th edition of the «Prix de la Montre de l’année» organised every year by the magazine Montres Passion. The 2012 edition broke new ground: all of the prize-winners were ladies’ models. Breguet also distinguished itself by winning three awards. … Read more
Luxury retailer Georg Jensen sold to Investcorp Teaming up with luxury sector entrepreneur David Chu, to cultivate a leading global luxury brand Scandinavia’s leading luxury retailer Georg Jensen, founded by the eponymous Danish designer in 1904, was sold to Investcorp group for $140 million. As part of this transaction, Investcorp has teamed up with David … Read more