Chinese consumers are expected to account for nearly half of the global luxury market by 2025. Swiss luxury goods group Richemont and Alibaba group announce global strategic partnership. This partnership will bring Chinese consumers unprecedented access to the world’s leading luxury brands. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) … Read more
Luxury fashion house says higher exchange rates for pound and euro are deterring Chinese tourists
The first Shanghai Tang collection designed by Massimiliano Giornetti, Fall/Winter 2018-2019, was presented at Milano moda Donna, on Wednesday 21 February, at Palazzo Serbelloni, a Neoclassical palace in Milan. Following the success of the first capsule collection created for the Hong Kong high-end fashion brand as Project Supervisor, this new position confirms the role … Read more
100% Agave Premium Tequila brands are determined to flourish in China and want to be a favorite of today’s spirits lovers. The Dean-Lozoya Family just made waves at the most influential wine and spirits competition in the world – CWSA – China Wine and Spirits Awards. Winning a Gold Medal in the CWSA competition is … Read more
VS is the key driver of Cognac’s biggest volume market Cognac’s recent strong growth is poised to continue in the coming years, driven by increased consumption in the US, China and the UK, according to a joint report from just-drinks, the research portal for the global drinks industry, and the IWSR, one of the leading … Read more
Global consumer interest in luxury hotels has increased by 7.7 % over the past twelve months. Major growth rate coming from China (+39%), whilst interest from German consumers has dropped by 9.4%, according to the 2nd Edition of The World Luxury Index Hotels issued by by Digital Luxury Group in partnership with the Chair of … Read more