Gucci, Prada close more China outlets as consumers cut luxury spending
Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
Luxury brands are ditching China, and fast– but why?
French luxury group Kering closed two Gucci stores in Shanghai last month. Those closures followed at least eight in the ...
SHINE6d
'Hermès of Gold' beguiles the affluent with exclusivity, ancient designs
Beijing-based Laopu Gold is the first in China to adapt traditional Chinese craftsmanship to modern jewellery design. Its ...
The Peninsula, Beijing hotel review
North of Beijing is a stretch of the Great Wall of China, making this hotel an ideal place to stay while visiting one of the ...
Insiders only: How the ultra-wealthy shop
Luxury for the ultra-rich now emphasizes exclusivity and personalized experiences. Brands offer private shopping lounges, ...
Ex-Fisheries Clerk Amasses $9 Billion As His Gold Jewelry Brand Soars
Xu Gaoming, an ex-fisheries clerk in China who started jewelry brand Laopu Gold in 2016, has amassed a $9 billion fortune.
The New York Times4d
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
By Alexandra Stevenson Reporting from Shanghai and Beijing Tesla is getting crushed ... Even amid the economic slowdown, there is still a market for luxury cars, for those who can afford them.
The Edge Singapore8d
Hongkong Land reports wider losses for FY2024, non-cash provisions from Chinese build-to-sell business impacts profit
The group announced last October that it will recycle up to US$10 bil from three sources of its business, including ...