Ultra-wealthy Chinese adopt a strategic wait-and-see approach to London real estate, shifting from outright purchases to luxury rentals while monitoring interest rates and currency fluctuations.
Customs auctions in China are evolving from government-run sales into cultural phenomena, where consumers willingly risk thousands on mystery luxury blind boxes.
Global luxury houses are pivoting from chasing sales volume to cultivating exclusivity, with some eliminating discounts entirely on China's biggest e-commerce platform.
As Aesop and Maison Francis Kurkdjian shut their China flagships, the fragrance market enters a new phase. Here’s how to stay relevant in 2025.
Sign up for our daily brief on global business of luxury in Asia.
Chinese outdoor apparel brands are thriving, with Pelliot’s upcoming IPO signaling major competition for global powerhouses like Arc’Teryx and The North Face.
While gold and Birkin bags remain timeless assets, Pop Mart’s fluffy-eared gremlin highlights the playful side of collector culture in 2025.
While the influx of tourists has boosted luxury brand sales, overtourism has left local shoppers feeling frustrated. How can brands in Japan strike the right balance?
From runway shows to designer creative directors, high-street retailers are borrowing strategies from the luxury playbook to remain relevant.
Success in China’s digital marketplace requires strategic balance between traditional KOLs, emerging Cultural Opinion Leaders, and AI-driven personalization techniques.
Mainland tourists also fuel a regional tourism rebound as China’s May Day holiday highlights evolving consumer travel behaviors.
SAR’s ambitious tourism revival includes hosting Coldplay concerts, Premier League matches, and drone shows at its new $4.1 billion sports complex as the city works to attract visitors beyond mainland China.
Private equity heavyweight Boyu Capital acquires up to 45% stake in SKP, signaling a potential digital transformation for one of China’s leading luxury malls amid cooling market conditions.
Thai beauty brands are rising in China, driven by tourism, pop culture, and social media — but can they evolve fast enough to compete?
One year in China, Fenty Beauty has revolutionized industry norms by empowering a mindset over a look, connecting with Chinese consumers who are taking a renewed look at beauty standards.
Whitening 2.0 is here: OSM, Euricen, and Simpcare’s brightening solutions for sensitive skin are advancing beauty standards in China.
Livestream mayhem: Charlotte Tilbury’s Douyin livestream with singer-actor Cai Xukun was twice suspended mid-show, but still sparked viral buzz and achieved stellar sales.
The Chinese tech giant postpones its YU7 electric SUV amid fallout from a deadly crash involving its sedan model, complicating its $10 billion automotive ambitions.
Chinese tech giant unveils faster, more affordable Ernie 4.5 Turbo and Ernie X1 Turbo models as competition intensifies among domestic AI providers.
Opinion: Luxury brands must position AI as a human-enhancing tool, not a replacement, to retain client trust and emotional engagement.
Car dealers are ditching showroom professionalism for ‘not-so-straight’ humor in a bid to drive online engagement, and sales, as female consumers account for 40% of car purchases.
Behind recent closures: smarter footprints, digital pivots, and a recalibrated China strategy aimed at profitability and cultural resonance.
By blending Tsinghua University's iconic purple with its three-stripe aesthetic, Adidas tapped into the aspirational power of educational achievement.
Swiss brand accelerates its China rollout, aiming to ride the country's running boom with 100 stores by 2026.
Valentino deepens its connection with Chinese consumers by engaging in cultural production through cinema and the arts, reflecting a shift from status-driven to emotionally resonant luxury.
Italian maison’s poetry pop-up with Yu Xiuhua is a poetic pivot in luxury’s ongoing quest for emotional relevance in China.
The brand’s ‘Hotel Stories’ campaign in Hangzhou combines local culture, travel aesthetics, and fashion storytelling to resonate with China’s experience-hungry luxury shoppers.
Opinion: As tariffs drive domestic prices higher, travel retail is transforming from consumer convenience into strategic necessity for brands seeking margin protection and market share.
Beijing’s latest move to ease tax rebate requirements for international shoppers comes as the government prioritizes boosting domestic consumption to offset trade tensions with the US.
As US tariffs and weak consumer spending disrupt China’s economy, brands must rethink their influencer marketing strategies.
Spirits powerhouse faces challenges in China and potential US tariffs, yet forecasts return to high single-digit growth as American premium cognac demand shows surprising strength.
Luxury brand ambassadors from Blackpink and Seventeen’s S.Coups showcased K-pop’s growing fashion influence at the ‘Superfine: Tailoring Black Style’ Met Gala.
Share price surge of 450% in a year is a sign of enthusiasm for the toymaker whose market value now exceeds Mattel and Hello Kitty’s parent company.
From China boosting financial performance, to Asian designers leading viral trends, APAC’s influence on luxury is evident for Q1 2025.
U.S.-based netizens are flocking to the Chinese app en masse in preparation for TikTok’s closure.
Factory owners in China are creating viral content claiming to produce for luxury houses, exposing the power of mass consumer disinformation and perceptions of Chinese manufacturing quality.
As overweight population approaches 44%, local brands lead size-inclusive movement while global players adapt strategies.
The packing tape-look-alike bracelet was met with humor and criticism in China.
As secondhand values plummet, Swiss watchmaker moves to regain control over China distribution — possibly foreshadowing flagship stores that merge retail, service, and resale.
As global wellness consciousness rises, luxury brands are moving beyond products to embrace sports as a powerful platform for connection, purpose, and cultural relevance.
As Chinese EV makers grab European market share, General Motors’ head designers reveal how Western automakers are blending technological innovation with heritage storytelling to stay competitive.
While ByteDance's international business flourishes, the company must navigate competing demands from Washington and Beijing over TikTok’s future in the American market.
Get more news based on your interests
