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Tang Yick-ki, a director of Prince Jewellery and Sky Regal Properties, has recently engaged in significant real estate transactions in Hong Kong. He sold an apartment in Kowloon and obtained a two-story home in the vicinity for HKD50 million (US$6.4 million).…
Francois Kohler has been named the new president for South and Southeast Asia by luxury giant LVMH, effective February 23. Kohler succeeds Chris Chong, who is venturing into new professional pursuits. In his new role, Kohler will be reporting directly to LVMH…
In a rapidly shifting luxury retail landscape, renowned players such as Kering and LVMH are finding it increasingly challenging to retain the interest of elite and aspirational customers alike. However, amid this tumultuous environment, luxury goods company…
Miu Miu, the renowned luxury brand, recently christened its revamped flagship store located at the Landmark Atrium. This opening not only showcases a fresh store design concept but also aims to fortify the brand’s presence in the region. The New Store Design…
Japanese retail behemoth, Takashimaya, has announced plans to inaugurate a fresh shopping mall in the latter half of the impending year. The site for this new venture is the Starlake urban area, renowned for having the highest land rates in Hanoi.…
The Lanvin Group has recently completed the strategic divestment of the Italian luxury menswear brand, Caruso. This move is a part of the group’s plan to concentrate on their primary brands, especially in light of the ongoing instability in the luxury market.…
Bacha Coffee, a Moroccan coffee house established in Marrakech in 1910, has further expanded its global footprint with its entry into two new markets, Beijing and Saudi Arabia. This development is a part of the brand’s consistent international growth…
Since July 2025, Malaysia’s Road Transport Department has confiscated over 1,050 high-end vehicles, including brands such as Rolls-Royce, Lamborghini, Mercedes-Benz, and BYD. The total value of these seized vehicles exceeds RM200 million (US$50.9 million).…
Italian luxury fashion label Zegna recently appointed Edoardo and Angelo Zegna as its co-CEOs. The appointment is effective immediately and represents a significant shift in the company’s leadership structure. Former CEO Gildo Zegna has transitioned into an…
China’s personal luxury goods market is anticipated to experience moderate growth in 2026, according to global management consulting firm, Bain & Company. However, they also caution that this recovery may be unstable and variegated across various brands and…
Damiani, the esteemed Italian jewellery manufacturer, has proudly unrolled its first flagship store in South Korea. This exciting new venture is nestled in the bustling Gangnam District of Seoul. The Essence of Casa Damiani Seoul The boutique, christened Casa…
LVMH, the conglomerate which owns luxury brands Louis Vuitton and Tiffany, outperformed fourth-quarter sales projections on Tuesday. This development has raised expectations of a revival within the luxury sector, despite challenges including trade conflicts,…
Swiss high-end watch manufacturer, Montres Breguet, has made its debut in Thailand with the launch of a boutique at IconSiam in Bangkok. Store Design The newly minted boutique showcases a unique design aesthetic, incorporating luxurious elements such as…
Global luxury travel retailer DFS, which is owned by LVMH and Robert Miller, DFS’ co-founder and shareholder, has revealed they are set to sell their retail business across Greater China to the China Tourism Group (CTG) Duty Free. According to the agreement,…
Australia is witnessing a shift in the perception of premium ice cream, from being an occasional luxury to an everyday delight, according to recent research conducted by Haagen-Dazs. Ice Cream as an Everyday Indulgence The research found that nearly three out…
A significant crackdown operation in Vietnam resulted in the seizure of over 1,800 counterfeit luxury items, including fake Gucci glasses and Hermes watches. The operation targeted a store specializing in the sale of counterfeit branded merchandise. Vendor…
