Photo Credit: CEO's from the luxury hotel sector met in Brussels to discuss how things are going in their sector. Skift Luxury travel demand is being driven by growing wealth in India and China, ...
Hilton announced the signing of the first LXR Hotels & Resorts property in China, marking the debut of the luxury brand in the country. In collaboration with Zhong Ding Guo Sheng, the LXR property is ...
Major luxury brands struggled in China in the first half of the year. There's little relief in sight. China's luxury market could face its worst quarter in four years, amid aggressive stimulus ...
SHANGHAI, Jan 21 (Reuters) - China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain ...
Forbes contributors publish independent expert analyses and insights. Michael Goldstein is a journalist and playwright based in Los Angeles. Travel is one of the world’s largest industries. According ...
Executives from Prada, Coach, EssilorLuxottica and Value Retail report stabilizing demand in China after months of volatility. UBS data shows early signs of improvement, though spending by Chinese ...
Even though both countries have 1.4-billion strong populations, mainland China has more than 60 Louis Vuitton stores while India has only three. Designer brands’ struggles in India are a reminder of ...
[BEIJING] China’s personal luxury goods market is expected to return to modest growth in 2026, consultancy Bain & Company said on Thursday (Jan 29), but warned that the recovery would be fragile and ...