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FEATURED Business of Fashion: Young Chinese Are Criticising Consumerism. What Does This Mean for Fashion?

There’s a small but growing movement against heavy spending in the world’s largest fashion market as more young people feel disillusioned with materialism. “Are people slowly waking up from the slumber of consumerism?” a user on Zhihu recently asked his peers. While it’s true that most people visiting the popular

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FEATURED Business of Fashion: Luxury’s Southeast Asia E-Commerce Opportunity

Growing demand for luxury goods is coinciding with an e-commerce boom in key markets like Singapore, Indonesia and Thailand, but brands are behind the curve. China’s seemingly unstoppable rise as a luxury spending powerhouse has, in recent years, crowned its shoppers the be-all and end-all for high-end brands. “Southeast Asia’s

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FEATURED Jing Daily: 7 Luxury Sectors Chinese Consumers Love Post-COVID

Key Takeaways: The adoption of a healthier, minimalist lifestyle pushed consumers to embrace the Dieter Rams mantra: “Less, but better.” Instead of pursuing trends and the latest fashions, Chinese luxury shoppers want investment pieces. The second Wave Of The Trend Lens consumer study conducted by Agility Research & Strategy shows

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FEATURED Luxury Daily: How COVID-19 is changing the stakes for Chinese New Year

World-famous shopping districts are preparing — and bracing — for a holiday season unlike any they’ve ever seen. For a second straight year, Chinese New Year celebrations are being impacted by the COVID-19 pandemic — which can have implications for the luxury business. Ahead of last year’s festivities, the full

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FEATURED Bloomberg: The World’s Famed Shopping Streets Are Preparing for the Worst

World-famous shopping districts are preparing — and bracing — for a holiday season unlike any they’ve ever seen. Many consumers are still wary of visiting stores, with the coronavirus pandemic reignited in much of the world. Travel restrictions will also slash the number of wealthy tourists normally relied upon to

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FEATURED SCMP: Reading lighter news doesn’t make you a bad person – it just means you’re human

It’s a very strange time to be doing what we do. At the time of writing this, the number of coronavirus cases worldwide has just passed the 20 million mark, and the top stories on STYLE’s page include which royals have married in upcycled wedding dresses and, perhaps more jarringly, how

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FEATURED Luxury Daily: Luxury market in Asia will remain resilient in 2021: Agility

As Asia continues to steadily recover from the coronavirus pandemic, luxury brands that continue to invest in the market should be cautiously optimistic about these efforts paying off into 2021. During a Luxury Consumer Outlook 2021 webinar hosted by Agility Research & Strategy, managing director Amrita Banta shared what the luxury

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FEATURED Bloomberg: LVMH Bounces Back on Demand for Louis Vuitton and Dior Bags

The owner of Louis Vuitton enjoyed an unexpected rebound in consumers’ appetite for dresses and monogram bags, buoying third-quarter sales. Organic revenue at LVMH’s fashion and leather goods unit jumped 12% in the third quarter as the world’s largest luxury company cited strong sales of items like Christian Dior’s $3,000-and-up Bobby

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