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Coronavirus in China

Five Years Of Growth in the Global Luxury Market Could Vanish as the Coronavirus Spreads

The previous outlook on the coronavirus’ impact on the luxury market has turned from caution to alarm, according to a new ad-hoc survey conducted among 28 C-suite luxury executives by Italian luxury brand consortium Altagamma, in association with Boston Consulting Group (BCG) and investment firm Bernstein. Initially viewed as largely a short-term challenge in China […]

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Hong Kong Protests and Louis Vuitton

Will Protests Cause More Luxury Brands To Follow Louis Vuitton And Reduce Exposure In Hong Kong?

Ever since anti-government protestors took to the streets of Hong Kong in June of last year, luxury brands have taken a wait-and-see approach regarding business there. A planned Chanel store on Fashion Walk in the Causeway Bay district was put on hold, as was the opening of LVMH’s Rimowa luggage store in the same district. […]

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