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In a remarkable crackdown, Hong Kong authorities recently seized 67,000 counterfeit items, valued at HK$44 million (approximately US$5.6 million), including luxury brands such as Hermes, Louis Vuitton, and Rolex. The confiscated goods ranged from handbags and…
A customs department anti-smuggling task force seized 450 fake Rolex watches during an inspection Tuesday at Tra Linh in Cao Bang Province on the Chinese border. In an impressive show of vigilance, customs officials intercepted the counterfeit luxury watches…
A few years ago, I made the mistake of purchasing a fake Rolex for VND6 million (US$230) online, which led to a rather embarrassing predicament. The seller touted it as a first-rate “authentic” replica, claiming it looked so convincing that no one would…
Dickson Concepts, a luxury retail company listed in Hong Kong, reported a significant decrease in annual profit for the year ending in March. The luxury goods retailer, operating across Hong Kong, Mainland China, and Taiwan, experienced a 43.5% drop in annual…
Market authorities uncovered a trove of counterfeit luxury goods at Saigon Square, a bustling mall in Ho Chi Minh City, during a surprise raid on May 29, 2025. Inspectors targeted a diverse range of items, including clothing, bags, watches, glasses, and…
In the ever-evolving landscape of luxury watches, price discrepancies and investment opportunities abound, especially within the celebrated Rolex Daytona line. While models like the 126500LN and the now-discontinued 116500LN steal the spotlight, savvy…
China’s coronavirus-driven economic slowdown is proving to be a boon for Mr Zhu Tainiqi, the Shanghai-based founder of second-hand luxury goods marketplace ZZER, who is now scouting for shop space to expand the business.The former venture capitalist is seeing…
Industronics Bhd is tapping on the US$17 billion pre-owned luxury watch market through Ecgo International Ltd, its wholly-owned subsidiary in Hong Kong. This follows the launch of Industronics’ luxury watch e-commerce platform, watch-exchanges.com. Executive…
South Korea’s Customs service has released an intellectual property infringement report detailing the most-seized counterfeit goods over the past four years. According to the report, South Korean officials seized more fake Louis Vuitton products than any…
Japanese discount store Don Don Donki opens its first Southeast Asian outlet at Orchard Central today, to be followed by a second outlet at the 100 AM mall in Tanjong Pagar in June. The aim is to have at least 10 stores in Singapore within the next four or…
Easing rents, the closure of unprofitable stores and a trimmed-down inventory all helped Oriental Watch Holdings record a 10-fold increase in profit in its latest quarter. In the six months to September 30, Oriental Watch increased its post-tax profit from…
Rolex has relaunched its boutique at Pavilion Kuala Lampur, with a new, elegant shop design and layout to lure the lucrative Malaysian market. Launched by Swiss Watch Gallery, which officially operates the luxury watch brand, the 158 square-metre-space has…
Beauty products brand Innisfree is launching in Indonesia with brand curator Time International. Part of Korean global beauty company AmorePacific Group, Innisfree offers products made with natural ingredients from Jeju, a volcanic island off the southern…
Faberge, owned by UK emeralds and rubies mining company Gemfields, is the latest in a growing list of global luxury brands to enter India. It is following on the heels of such brands as Burberry and Rolex as India’s economic expansion spawns more billionaires…
Two burglars smashed the window of a luxury goods shop in the IFC mall in Central and fled with 40 watches in front of a security guard during a Lunar New Year’s Day raid. In a drama that lasted for barely two minutes, one of the pair broke open the glass…
Chinese eCommerce giant Alibaba has teamed up with some of the world’s most-counterfeited brands to fight against copycats. Collaborating with such global brands as Louis Vuitton, Samsung and Swarovski, Alibaba will provide its members with big data and other…
