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Italian luxury retailer Dolce & Gabbana is facing a growing backlash in China after an ad campaign that was meant to promote the brand in arguably its most valuable market has been decried as racist. Amidst growing calls to boycott the brand on Chinese social…
The luxury retail sector will grow next year – but at a disappointingly slow rate, according to the latest data from Euromonitor. As tough global trading environments continue to prevail – social and political unrest in Asia Pacific, economic slowdown in…
While Asia Pacific may be experiencing a slowdown in luxury retailing right now, three key trends will fuel a renaissance in coming years. That’s the core finding of a research report by property specialist CBRE, The Future of Luxury Retail in Asia Pacific:…
The Asia Pacific region is experiencing a slowdown in the luxury retail sector, but new emerging trends are set to provide the retail sector with a solid new stimulus for demand in the coming years, according to the CBRE’s special report, ‘The Future of…
British luxury department store operator Harvey Nichols has pulled out of its first store in Azerbaijan just four months after a high profile opening in March. The seven-storey Harvey Nichols store opened in the oil rich nation’s fast-growing capital city of…
