Luxury Goods

Top-tier Patek Philippe models drive gains in second-hand market

Subdial also says that the steep rise in raw material prices, including gold and silver, was affecting the market

Consumer confidence in China, which accounts for about a quarter of luxury spending, has been hit by a prolonged property crisis and job concerns.

China luxury market forecast to rebound in 2026: Bain

This is due to a growing middle class, rising consumer confidence and policy measures that spur domestic consumption

Recent data shows Nanjing Deji Plaza (above) has leapfrogged long-time leader Beijing SKP to become China’s top-performing luxury mall.

First-class goods in second-tier cities as luxury goes local in China

Luxury spending in second-tier cities exceeding first-tier

Luxury companies have been struggling to bounce back from a slump that followed a post-pandemic boom.

LVMH suffers sluggish sales of high-end fashion and handbags

In uncertain times, consumers see gold necklaces, bracelets and the like as better stores of value than trendy handbags

Johnathan Hanh Nguyen is the founder and chairman of Imex Pan Pacific Group, which has interests in high fashion, food and beverage, duty-free retail and airport services.
BEHIND THE NAME

Rolex to runways: Vietnam’s luxury retail king leads a family empire built on discipline

Johnathan Hanh Nguyen is now looking to grow his half-a-billion-dollar conglomerate some more

There are three orange models in the new Planet Ocean family, including an all-orange strap option.
WATCHES

Omega makes a deep dive into Planet Ocean

The latest remake of its best-selling diving watches is both impressive and festive for the Year of the Horse

The honeycomb structure on the dial of this Oyster Perpetual Land-Dweller 36 in Everose gold is achieved using a femtosecond laser.
WATCHES

Rolex goes gold for Chinese New Year

Indulge in the brand’s latest watches that shine with the precious metal and diamonds

The iconic monogram on an 1897 trunk.
BTLUXE EXCLUSIVE

Louis Vuitton’s monogram turns 130 with global celebrations

The luxury house reimagines its most iconic code through bags, pop-ups and window displays

Sales by most European houses (such as Cartier) suffered heavy declines in China last year. Demand there is seen as a decisive factor for the luxury industry to return to sustained growth.

Cartier owner Richemont beats sales forecasts as China recovery continues

Its sales from September to December rose to 6.4 billion euros, a 4% year-on-year increase in reported currencies