Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more
Chinese consumers still love luxury goods, love Burberry and prefer to buy their items abroad, according to “Luxury Purchase Power” survey by Chinese news site iFeng quoted by jingdaily. This year, Burberry topped the list of favorite brands and was followed closely by Chanel, Gucci, Louis Vuitton, Prada, and Dior. This reflects overall trends … Read more
British Fashion Awards 2014: the winners of the British fashion. The British Fashion Council (BFC) presented 16 awards to the leading figures in fashion, recognising creative talent and design excellence across all areas of the industry. Voted for by over 300 individuals in the fashion industry, British Fashion Awards winners celebrated the successes of … Read more
Louis Vuitton, Emporio Armani, and Salvatore Ferragamo among brands to open their doors in Parque Arauco Kennedy. The city of Santiago has the first luxury district in Chile. Parque Arauco, a leading Latin American shopping mall developer and operator with presence in Chile, Peru, and Colombia, has inaugurated a “Luxury District” in their flagship mall, Parque … Read more
Nominees for British Fashion Awards 2013. British designers and creatives are renowned for their ability to set the global fashion agenda. Each year the British Fashion Awards celebrates the top achievements in the UK’s fashion scene. This year, to recognise the ever growing globalisation of the fashion industry the British Fashion Awards has added … Read more
Interbrand’s 2013 Best Global Brands. The luxury sector. Despite the fact that China’s GDP growth has slowed, luxury brands performed solidly in this year’s Best Global Brands ranking by Interbrand. Seven of this year’s 100 most valuable brands hail from the luxury sector, and each increased its brand value by five percent or more. The top … Read more