“The growth potential of luxury e-commerce has never been so promising, and the importance of China for the luxury industry is only becoming more obvious every day.” – François-Henri Pinault, Chairman, Artemis (the controlling shareholder of global Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, … Read more
Michael Kors Announces Launch of Its Digital Flagship on Alibaba’s Tmall Luxury Pavilion. Michael Kors, the world-renowned, award-winning designer of luxury accessories and ready-to-wear, looks to accelerate the fashion brand’s momentum in the Chinese market with an immersive shopping experience. Michael Kors announced that it will open its digital flagship store on … Read more
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