• China A Key Market For Canadian Fur Producers

    Following decades of decline in the North American market due to changing fashion tastes and ethical concerns, and steadily dropping demand in formerly red-hot markets like Japan and South Korea, China has become a rare bright spot for fur producers and a critical market for Canadian furriers. Read More
  • India vs. China: Who Will Win The Luxury Race?

    In the wake of last year's economic slump, the world's top luxury brands have intensified their efforts in developing a strong foothold in the emerging world, particularly in the BRIC markets of Brazil, Russia, India and China. In recent months, however, it is becoming clear that most major luxury brands see their futures (at least in the short- to medium-term) resting on the rapid growth of the "I-C" markets of India and China. Read More
  • Chinese Spending Buoys LVMH

    LVMH Moët Hennessy • Louis Vuitton S.A., the mighty global juggernaut, has had a bit of a rough year in the traditionally reliable markets of North America, Japan and Europe. Read More
  • Future For Luxury Goods Looks A Little Brighter

    As a result of the fast-paced development of China's eastern coastline and special administrative regions, only recently have major luxury brands made it to the country's vast interior region, where a number of second- and third-tier cities remain relative blank slates. Since so many companies are only reaching these areas now, the spread of luxury brands in China has become a regular news story. This has only intensified over the last year, as formerly free-spending Japanese and American customers have thought twice about luxury goods while emerging customers in places like the BRIC countries and relatively fast-growing economies like Vietnam become more regular (and brand-loyal) buyers. Nonetheless, the luxury sector is still experiencing only modest growth one year on from the onset of the global economic slowdown despite their best efforts at wooing new customers. Read More