Burberry says impact of coronavirus worse than Hong Kong rallies
British brand closes 24 of its 64 stores in mainland China as shopper numbers plummet
Chinese buyers
“Vineyards by Christie’s” to offer consultative service for those looking to acquire vineyards
Vineyards by Christie’s International Real Estate To meet demand from clients at Christie’s wine auctions in Hong Kong requesting expert advice in purchasing overseas vineyard properties, Christie’s International Real Estate, the only global luxury real estate network wholly owned by a fine art auction house, launches of an innovative advisory service for international buyers of … Read more
Chinese buying more luxury goods in mainland China
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