The Top 10 Controversies in China’s Luxury Industry for 2016
From a canceled Hong Kong concert to Trump's conflict-of-interest issues with China, 2016 was a year of many luxury-related controversies.
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- 1. Lancôme’s canceled Denise Ho concert.
- 2. Jack Ma’s statement that fake luxury goods are “better quality” and made in the “same factories” as real ones.
- 3. The mutiny over Alibaba at the International AntiCounterfeiting Coalition.
- 4. A Daimler executive’s racist rant in Beijing.
- 5. Victoria’s Secret’s mix of dragons with lingerie at its annual fashion show.
- 6. The revelation of tensions in the 2015 Met Gala planning process.
- 7. A ban from China for the actress Birkin handbags are named after.
- 8. China’s K-pop ban poses a problem for luxury brands.
- 9. Taiwan’s mainland tourist slump.
- 10. Donald Trump’s China-related conflicts of interest.
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