Luxury Goods
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
First-class goods in second-tier cities as luxury goes local in China
Luxury spending in second-tier cities exceeding first-tier
Singapore’s priciest handbags? Enter new, ultra-luxurious brand whose creations cost over S$100,000
Customers also have to wait six to nine months for their bags to arrive
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
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
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
Rolex goes gold for Chinese New Year
Indulge in the brand’s latest watches that shine with the precious metal and diamonds
Louis Vuitton’s monogram turns 130 with global celebrations
The luxury house reimagines its most iconic code through bags, pop-ups and window displays
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
Luxury retailer Saks Global files for bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround
