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LVMH-Owner Bernard Arnault Overtakes Elon Musk As World’s Richest
This week, it was announced that Bernard Arnault, the chairman and CEO of LVMH, has taken the title of the wealthiest person in the world. Read MoreWhy Asia Is The Key To Netflix’s Expansion Plan
Netflix will double its spending on original content in Asia during 2021, so it can challenge rival streaming platforms like Disney+ and Tencent’s WeTV. Read MoreHow Brands Must Change For A New World Order
There will always be disruption, no matter the crisis. But the COVID-19 crisis will birth some specific changes that brands must be ready for. Read MoreThe Year Ahead: Luxury
The global luxury goods industry is poised to have the best growth year in more than half a decade, but how do brands extend that growth? And how do they… Read MoreChina May Legalize Gambling on Hainan Island: Bloomberg
The move would pose a huge challenge to luxury properties and brands in Macau, while presenting a new opportunity that may prove even bigger. Read MoreMovers and Shakers: Apple’s New China Senior Executive
In this week's highlights of movements in the luxury industry in China, Apple gets a new China region senior executive, and A&F launches Tmall store. Read MoreChina’s Tier 2 Cities Land On Global ‘Priciest Hotels’ List
A new Bloomberg price index finds that it's not just China's first-tier cities that have the world's most expensive hotel rates. Read MoreChina Rich Lists Offer Different Results But Similar Conclusions
The exact net worth of China's wealthy can be hard to pin down, but several recent reports agree on one thing: China’s rich are getting richer. Read MoreDalian Wanda Owner Wang Jianlin Rockets To Top Spot On China’s Rich List
Bloomberg concludes that the property magnate has upended Zong Qinghou as the wealthiest of China's wealthy. Read MoreGodiva Shoots For 50 China Locations By End Of 2013
This week, Godiva CEO Jim Goldman talks to Bloomberg about his company's current footprint and plans for the market, noting that Godiva plans to have 50 locations in the country… Read More