The Circular Nature of Luxury Good Ownership
As the stigma surrounding the resale of luxury goods fades, a market has popped up catering specifically to resold goods. It has now become the norm for people to buy, sell, and buy again creating, for lack of a better term, a cycle of ownership.
Illusion of China's Wealth and Consumption
With official releases pegging China’s third-quarter GDP growth at 6.5%, the “world’s factory” is hitting its slowest pace in nine years and if the luxury goods industry continues to depend on the market for revenue growth, it would a recipe for disaster.
Heidi Slimane to Head Céline
Heidi Slimane will lead and develop all creativity for Céline collections, including menswear, couture and leather goods
Prada unveiled "The Postman’s Gifts"
Prada presents The Postman Dreams, a humorous series of five shorts, showcasing the Prada Galleria bag by American filmmaker Autumn de Wilde
All eyes on Japan's luxury industry
Is Japan’s luxury industry slowing down? We take a look at the trends affecting the luxe goods market
China luxury market shrank in 2014
Sales of luxury goods in mainland China fell`1% to 115 billion yuan ($18.5 billion) in 2014 compared to a year earlier according to Bain & Company.