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Luxury in Chinai

Take an in-depth look at the Chinese luxury market

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  • Many Chinese dishes represent hopes for prosperity and are often made with extravagant ingredients from abalone to shark fin. But it doesn’t have to be this way
  • Like Rolexes, ostentatious food is falling out of favour with the young generation, who embrace cheaper, sustainable and sometimes plant-based alternatives

The Swiss luxury brand recently auctioned 11 suitcases, each containing 11 MoonSwatch Moonshine Gold Hong Kong edition watches via Sotheby’s as part of its CSR efforts to support Orbis.

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China’s luxury goods market recorded 12 per cent year-on-year growth in 2023, according to Bain & Company, but challenges remain even as it is still seen as a leading market.

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The recent National Day ‘golden week’ holiday saw mainland Chinese visitors flock to the city, with luxury jewellery the fastest sector to bounce back post-pandemic in the APAC region

Liu Yiqian and Wang Wei managed to only sell 28 of the 39 paintings on offer for a total of HK$455 million (US$58.1 million) 24 per cent less than the bottom estimate.

Chinese manufacturers have become so good at replicating designer goods that even the most experienced authenticators can struggle to decipher a superfake – and social media is making things worse

Hit HBO TV show Succession and celebrities like Gwyneth Paltrow put stealth wealth in the spotlight in the West, and then came the inevitable loud luxury response – but not in China

China has just become the first country where supercar-maker Ferrari sells over a quarter of its vehicles to women – here’s what you need to know

LVMH is seeing ‘aspirational’ luxury customers flag amid high inflation and growing economic uncertainty – but the fashion conglomerate is not likely to drop prices any time soon

Hermès saw its sales and profit jump for the first half of the year, surpassing rivals LVMH and Cartier owner Richemont – and its executive chairman is confident the brand will stay strong

This July, a number of Asian celebrities have joined luxury brands as new ambassadors – from BTS’ V for Cartier and Hyunjin for Versace, to Esther Yu for Moschino

From carmakers like BMW and fashion brands like Adidas and Bottega Veneta, to Tiffany & Co. jewellery and Jaeger LeCoultre watches – is there any industry Jackson Yee hasn’t been tapped by?

The Residence marks the iconic London department store’s first membership-only venture outside the UK in a bid to captivate China’s insatiable 1 per cent

Two new reports from Business of Fashion (BoF) Insights and Alliance Bernstein (AB) show how Chinese shoppers are breaking records in luxury goods consumption post-pandemic

With Chinese horology back in the spotlight this year, we introduce some of the country’s finest watchmakers who are redefining 21st-century wristwear with regional influences

An increasing number of Chinese male idols are becoming the face of cosmetic companies – here are 8 pretty-faced stars who now rep beauty brands from Nars and Mac to Guerlain

The Untamed actor and Mandopop star is officially the most-endorsed star in the country, so which Western brands have courted him so far? From Gucci to Tod’s, we walk you through …

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Chinese beauty brands are no longer being viewed as “cheaper substitutes” and are being regarded as premium products in China, with domestic names outperforming the broader market over the last five years, Euromonitor International said.

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Since mainland China dropped all its travel curbs, the heads of the world’s most recognisable luxury brands have been making a beeline there, with French billionaire Bernard Arnault, the chairman and CEO of LVMH, the latest to make a high-profile visit.

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Arnault kicked off his tour of China with a visit to a high-end shopping centre, with the billionaire’s efforts to woo Chinese consumers coinciding with the government’s push to build ties with foreign companies.

Chinese heartthrob Yang Yang has scored several lucrative endorsement deals with luxury brands over the years – here’s a look at 6 of them, from Valentino to Bulgari

While Hermès insists that it strictly prohibits any sales of certain products as a condition to the purchase of others, forums state otherwise – here’s how the strategy works and why it’s in place

A Twitter spat has erupted over a contentious new book claiming China’s luxury boom is all down to a quest for ‘identity’ in the of absence of religions and traditions – here’s everything you need to know

Mark your calendars – Watches and Wonders has just confirmed its third-ever Shanghai edition taking place this September with brands from Cartier to Panerai showing off their creations

LVMH chief and the world’s richest man Bernard Arnault is set to visit China this summer as the region bounces back amid post-Covid-19 recovery – here’s what we know so far

The Chinese superstar boasts a ‘Chris Lee effect’ whereby anything she wears will immediately sell out … so what are the 6 luxury brands that she has been a face of?

Chinese superstar Xin Liu is a trailblazer in music, dance and fashion, and brands are taking note of her distinctive androgynous looks, from Dior to Calvin Klein

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Hainan, a tourist hub and shopping mecca at the southern tip of China, saw disappointing retail sales during the country’s first ‘golden week’ holiday since Covid-19 restrictions were lifted.

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Audrey Hepburn’s historic New York haunt was just reborn on Fifth Avenue, and we were there with Hailey Bieber, Zoë Kravitz and Angelababy for the big launch – so does it live up to the legacy?