
China's efforts to lift local consumption, spur domestic tourism and keep within its borders citizens that splurge in Milan or Seoul have spawned a duty-free paradise on the southern island of Hainan that it hopes wil...
526 published items with the word (s) or phrase Bain in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
China's efforts to lift local consumption, spur domestic tourism and keep within its borders citizens that splurge in Milan or Seoul have spawned a duty-free paradise on the southern island of Hainan that it hopes wil...
Seducing hyper-connected "Millennials" poses an increasing challenge for luxury brands, which find their markets slowing as young, skeptical consumers force them to rethink strategies.
Despite being battered by sluggish consumer spending and rising online shopping, luxury brands should look to China as for fresh strategies and solutions, according to Alibaba Group President Michael Evans.
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
Outerwear fashion brand Traditional Weatherwear is set to open its first standalone store on Newburgh Street in London's Carnaby area this month.
Spending on luxury goods by Chinese shoppers abroad fell last month for the first time since such records began in 2010, leading to the worst ever monthly result for the luxury goods industry's tourist sales.
Luxury goods industry leader LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.
Growth in the more than €250 billion ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the USA and China, after hitting a trough in 2016, consultancy Bain & Co predic...
China is raising fees on packages ordered from abroad and cracking down on smugglers who carry in suitcases full of luxury goods.
South African retailer Edcon is cutting costs and stocking fewer premium brands, as a weaker currency makes imported fashions from the likes of Dune and Tom Tailor unaffordable even for well-heeled shoppers, it said o...