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Luxury sector outlook clouded by China's slow recovery, Retail News, ET Retail - Vimarsana News

Luxury sector outlook clouded by China's slow recovery, Retail News, ET Retail

Luxury Sector Outlook: Italian luxury group Ermenegildo Zegna also saw revenue fall in the first quarter, dragged down by declining sales of its Thom Browne label in the Greater China region.

Luxury sector outlook clouded by China's slow recovery - Vimarsana News

Luxury sector outlook clouded by China's slow recovery

Sales updates from Europe's big luxury brands have offered scant reassurance that Chinese demand for high-end fashion is recovering, leaving a cloud over the outlook for the industry. ...

Exclusivity the name of the game as luxury firms target 'VICs' for growth - Vimarsana News

Exclusivity the name of the game as luxury firms target 'VICs' for growth

The world's biggest luxury retailers are seeking growth in their second-largest market China are all courting wealthy consumers.

Widening rich-poor divide means target population for businesses is getting exclusive - Vimarsana News

Widening rich-poor divide means target population for businesses is getting exclusive

Global luxury brands are targeting the richer among the rich in China

Exclusivity the name of the game as luxury firms target China's wealthiest for growth - Vimarsana News

Exclusivity the name of the game as luxury firms target China's wealthiest for growth

The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. Shanghai-based Wang, an investor who...