Luxury market gets a lift from Asia
ANALYSIS: China’s luxury market sees rapid growth
China’s luxury goods market is defying the downturn, with increasing numbers of consumers prepared to pay for high-quality, designer brands.…
COMMENT: Luxury firms must adapt to the ‘new normal’
Luxury retail has been one of the sectors hardest hit by the global recession, as shoppers increasingly defer new purchases,…
INSIGHT: Versace cuts jobs as luxury downturn bites
Italian fashion house Versace Group today (29 October) confirmed to just-style that it is cutting 350 jobs – around a…
SPAIN: Iame plans luxury holding to take on LVMH
Spain-based Iame has not given up on its dream to launch a Spanish luxury fashion holding to take on the…
10 global luxury trends for the coming decade
The luxury market has been down, but it’s definitely not out – with dramatic shifts set to come in the…
US: Luxury shoppers in Asia and online set to lift sector
Strong demand for luxury goods from shoppers in China and online will help return the sector to growth next year,…
ITALY: Luxury fashion house Brioni plots Asian expansion
Italian luxury fashion house Brioni is launching a fragrance in London today (14 October), as its new CEO Andrea Perrone…
US: Iconix agrees luxury license deal with HSN
Iconix Brand Group has announced that the company's luxury brand Badgley Mischka will be partnering with HSN, a lifestyle network…
FRANCE: Luxury brand owners target Chinese consumers
French luxury brand owners are launching an online campaign to try to drive sales in the Chinese market. The Comité…
UK: Luxury retail readjusting to recession – research
Luxury retailers are being forced to readjust their business models in the midst of the global crisis, a new report…