APAC luxury retail market
Luxury market’s last quarter growth hinges on China’s reopening
It will also be boosted by consumer confidence in Europe and America.
Luxury market’s last quarter growth hinges on China’s reopening
It will also be boosted by consumer confidence in Europe and America.
Luk Fook Group’s net profit inches up by 0.6%
The company’s net profit stood at HK$658m in the six months ending in September.
Mash may expand luxury brand Gelato Pique after Bain Capital deal
The Japanese apparel maker was recently bought by US-based Bain Capital Private Equity.
Rising costs to drive secondhand fashion: report
The apparel resale market to grow 85.5% between 2022 and 2026.
Saudi Arabia’s growing high-income market attracts luxury brands
Hermès recently expanded in the country.
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers.
Tech adoption in luxury goods industry accelerates: report
This enhances customer engagement and operational performance amongst others.
Southeast Asia's luxury retail industry shows resilience: report
The fast-growing wealth in the country is expected to boost domestic spending.
Reliance Brands ‘well positioned’ to tap India’s luxury apparel market
The company recently partnered with Balenciaga amongst other high-end brands.
Reliance Brands brings Balenciaga to India
The company will be the sole India partner of the luxury brand in India.
MICHAEL KORS debuts on JD.com
JD.com now features over 300 premium brands.
Reliance Brands brings Italian luxury brand Valentino to India
Its first boutique will open in Delhi.
Longchamp opens flagship store on JD.com
This brings the number of luxury brands on JD to over 300.
APAC, US to drive global luxury apparel market growth: report
The APAC luxury market will post a CAGR of 7.9% between 2022 to 2025.
Youth consumers drive APAC’s luxury retail market: report
Brands are adopting strategies to connect deeper with younger luxury consumers.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Here are key consumer trends influencing pet care sales in 2024 2. South Korea’s Paris Baguette opens first Philippine store 3. ZALORA ramps up sustainability amidst rising demand for eco-products 4. Alternative payments dominate Hong Kong's e-commerce in 2023 5. MINISO enhances employee welfare and environmental initiatives in 2023Awards
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11