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Auction Houses Embrace Luxury Fashion as New Frontier
In 2020, online luxury sales have brought new consumers to the likes of Sotheby’s, Christie’s, and Phillips. How are they going to continue in 2021? Read More
Why Health Is The New Luxury In China
The global environmental crisis has made it clear that breathing fresh air, drinking clean water, and eating healthy food are quickly becoming new luxuries. Read More
End of British Tax Refund Program Hands Europe a Content-Commerce Opportunity in China
British luxury boutiques and retailers are poised to see a hit to the travel retail, when the United Kingdom formally ends its VAT Retail Export Scheme. Read More
The Emergence of Chinese Luxury Brands: From Hope to Reality?
As young Chinese consumers look inward, the creation of more Chinese luxury brands and interest in them will continue to grow for these consumers. Read More
Can Phillips’ Online Auction Spark a New Model of Luxury Sales?
To cater to the new Chinese cultural consumers, auction houses are entering the premium luxury resale space. Will this become the new norm? Read More
Birkin Bags As Currency During COVID-19
The outbreak of COVID-19 has cast a dark cloud over global financial markets, but Birkin bags are still holding their value during these uncertain times. Read More
Hermès Sells $2.7 Million at Guangzhou Store in One Day
Hermès reopened its store in Guangzhou this week, scooping $2.7 million sales in one day, indicating Chinese consumers are ready to start purchasing again. Read More
How Technology will Change the Game for Luxury Brands
The next generation of luxury consumers was born into a digital world. Brands must provide them with seamless digital experiences or risk becoming obsolete. Read More
What Luxury Needs to Know about China’s Slasher Generation
More and more Chinese millennials have started to adopt a “Slasher” lifestyle that enables them to have more than one job — or identity. Read More
How the Rise of the Pre-Owned Watch in China is Disrupting the Watch Industry
Pre-owned watches have become a reasonable alternative and an inconspicuous choice compared to splashy new models for Chinese younger generation. Read More
