Matthew Lubin
Hermès Optimistic Following Q3 Sales Boost from New Stores in China
While some are concerned about China's slowing economy, luxury goods companies such as Hermès haven't seen much of a slowdown in sales in the country. Read More
China’s Beauty Bubble: YSL, L’Oreal Sales Shrug Off Trade War
L’Oreal CEO Jean-Paul Agon was optimistic on company's sales growth in China despite the ongoing trade war with the US. Read More
Alibaba’s Sales Growth Slows Despite the E-tailer’s Continued Dominance
Alibaba Group reported its Q2 2019 (quarter ending Sept. 30, 2018) on Friday morning. The company's revenue grew 54% year-on-year but missed expectations. Read More
Aussie Boot Maker Joins Secoo in Time for Singles’ Day
Chinese luxury e-commerce platform Secoo announced on Sunday that Aussie boot maker R.M. Williams has joined and will offer three collections for the upcoming Singles’ Day sales. Read More
Hilton Expects to Stay on Target in Q3 Thanks to China
Hilton Worldwide Holdings Inc. will release its Q3 2018 financial results on Wednesday and expects continued growth thanks to the China market. Read More
Golden Week for China’s Mobile Payments Abroad
Alipay saw average spending overseas during Golden Week increase by 30 percent from the previous year as more Chinese travelers headed abroad. Read More
In Dizzying Reversal, China Firm in Talks with Richemont to Shed Jeweler Buccellati
Swiss luxury company Compagnie Financière Richemont SA is reportedly in talks with Chinese firm Gansu Gangtai to acquire Italian jeweler Buccellati. Read More
