The rise of Daigou trading remains a concern for luxury brands. The luxury market in China saw an 18 to 20% decline in 2024, returning to 2020 levels, according to Bain & Company’s China Luxury Report ...
During the holiday season, Walmart launched its own $80 version of the Birkin, which quickly gained popularity and was dubbed the Wirkin. Birkin bags are widely regarded as symbols of status and ...
CHINA’S luxury market sales are estimated to have plunged as much as 20 per cent in 2024, the steepest since at least 2011, as the country’s economic slowdown dents consumer confidence, according to ...
Mark Zuckerberg is making a statement – on his wrist. The Meta CEO recently appeared in a Facebook video wearing the ultraexclusive Greubel Forsey Hand Made 1, a luxury timepiece that costs over $900, ...