Topic
687 stories in this topic
Coconut oil prices are soaring in Asia, spearheaded by India—the largest consumer of the product—which has witnessed a tripling in prices within two years. This is attributable to a combination of supply shortages and burgeoning demand for the nutrient-filled…
Hong Kong’s renowned luxury jewellery brand, Chow Sang Sang, has announced its foray into the North American market. This expansion is made possible through a strategic partnership with Nuvei, an international payments company. Genevieve Chow, the Chief…
Bangkok’s premier shopping destination, IconSiam, has announced the addition of four high-end brands to its luxury district. These additions are part of the mall’s strategic initiative to capitalize on the rising demand for luxury goods among both locals and…
Phnom Penh is rapidly emerging as a hotspot for the discerning investor, boasting impressive rental yields of 8% to 10%. In a telling shift, luxury homebuyers across Asia are increasingly looking closer to home, with a notable uptick in investments directed…
Prada, a family-owned group known for its luxury fashion, recently reported a 9% spike in first-half net revenues at constant currencies. The company’s lesser-known yet rapidly growing Miu Miu brand played a significant role in this upswing, potentially…
Hermes, the esteemed French luxury brand, has demonstrated impressive sales growth in the first half of the current year. This surge in revenue was experienced across all regions as affluent customers continued their patronage of the brand’s distinguished…
Kering, the renowned French luxury merchandise corporation, has disclosed a significant sales drop for the initial half of the year. The company’s performance continues to be impacted negatively owing to a consistent decline in sales from Gucci. Semi-Annual…
Nicole Kidman, recognized worldwide for her acting prowess and staunch advocacy for women’s rights, has been announced as the new global brand ambassador for Cle de Peau Beaute, a renowned Japanese luxury skincare and makeup brand. Kidman’s appointment aligns…
LVMH Moet Hennessy Louis Vuitton experienced a decrease in sales during the first half of the year, primarily due to weaker performance in its fashion and wine departments. Decreased Revenue The distinguished luxury conglomerate reported a 4 per cent decline…
Scaffolding has emerged around the latest project from Louis Vuitton, poised at K11 Musea and overlooking the Avenue of Stars—a scenic promenade that showcases breathtaking views of Victoria Harbour and the vibrant Hong Kong skyline. As the luxury brand…
Patek Philippe, the notable luxury watchmaker, has recently launched its grand store in the heart of Hong Kong, specifically at Queen’s Road. The Store’s Design and Features Stretched over an area of more than 3000 square feet, this new store is designed with…
Shangri-La Asia, a leading player in the Asian hospitality sector, has named Kuok Hui Kwong as its new chief executive officer, effective August 1. Kuok is the daughter of Robert Kuok, who stands as Malaysia’s wealthiest individual. Solid Leadership…
Spanish brands LOEWE opened a women’s store on the second floor of the Hyundai Department Store. LOEWE is a Spanish leather brand with over 170 years of history and is now attracting the attention of global fashion people, led by designer Jonathan Anderson.…
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman…
agnès b. Galerie Boutique has always brought beautiful and artistic works to Hong Kong. In January, agnès b. Galerie Boutique was pleased to welcome renowned, published Belgian cartoonist turned artist, François Olislaeger, who has participated in exhibitions…
The luxury goods sector, a dazzling stalwart of economic growth that typically thrives at about 7% annually, is bracing for a slowdown in 2025, according to insights from Morgan Stanley. This promising world of high-end fashion and lavish accessories is…
