Topic
8 stories in this topic
Global luxury group Richemont has joined the Alibaba Anti-Counterfeiting Alliance, a partnership between the e-commerce giant and brands that works to protect intellectual property rights on Alibaba’s platforms. Geneva, Switzerland-based Richemont is now…
Richemont sales in Asia Pacific surged 20 per cent in the first half of this year with the region the group’s single-largest market, accounting for 37 per cent of total sales. The increase was fuelled by the inclusion of the Yoox Net-A-Porter (YNAP) business…
Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost sales for Swiss luxury goods group Richemont. Results for the year to the end of March show Richmont sales grew by 3 per cent at actual rates and by 8 per cent at constant…
Asia Pacific sales accounted for 39 per cent of group sales for Swiss luxury-goods holding company Richemont for its half-year to September 30. Sales in Asia Pacific rose by by 25 per cent, with double-digit growth in most markets led by Mainland China, Hong…
Luxury travel retailer DFS Group has unveiled the final phase of T Galleria by DFS, City of Dreams store in Macau following a year-long expansion. DFS Group chairman/CEO Philippe Schaus says the the store offers travellers the breadth of a luxury shopping…
Feeling the pinch from a tough trading environment, luxury goods retailer Richemont has announced restructuring measures, including the closure of stores. Richemont Asia sales have declined despite a 26 per cent increase in sales in Mainland China. Global…
With sales slipping in the industry’s largest market, the annual Watches & Wonders exhibition in Hong Kong may be cut back to every two years. High-end watchmakers are looking at a shift in strategy in Hong Kong in the face of the most severe downturn the…
Studio City and Taubman Asia, have revealed the lineup of fashion brands that will open inside The Boulevard at Studio City. A mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and…
