Luxury Good

Bonnie Gokson: The style icon with the gentle touch

Bonnie Gokson samples some of the latest delicacies at her Ms B's CAKERY.

She may be credited with transforming the dynamics of the cake and luxury bar scene in Hong Kong, but Bonnie Gokson has never let go of her natural sensitivity and attention to detail.

Thursday, 22 May, 2014, 4:08pm

Hongkongers cut spending on luxury goods amid bleak mainland outlook

There will still be growth in the luxury market, but the momentum will be downward as people don't want to spend amid the weak outlook on the mainland. Photo: Jonathan Wong

Hong Kong consumers plan to cut back spending on luxury goods in the next 12 months in the face of a bleak outlook for the mainland economy, a survey shows.

About 2,000 people who had bought luxury items in the past 12 months, 15 per cent of whom live in Hong Kong and the rest are from first-, second- and third-tier cities on the mainland, were polled in June.

7 Sep 2012 - 3:29am

HK losing luxury shopping appeal

Mainland shoppers are increasingly buying luxury goods locally, turning away from high-end stores in Hong Kong and abroad, according to a survey by a communications company.

27 Jul 2012 - 12:00am

Luxury home rentals fall amid fewer expat hires

Leasing of luxury homes in Hong Kong continues to decline due to fewer hires of expatriate staff in the banking and finance sector.

However, rental demand in the mass market has strengthened, property agents say.

25 Jul 2012 - 12:00am

MaxMara speeds up expansion in China

As chairman of Italian fashion brand MaxMara, one of Luigi Maramotti's biggest challenges is forecasting the outlook for its China business, which is set to grow by at least one new store a week over the next six months.

'In China, growth has been always much bigger than we could ever predict. Basically, we could not catch up' with the speed of growth, Maramotti said.

24 Jul 2012 - 12:00am

Lai See

Airport board thumbs nose at international best practice

9 May 2012 - 12:00am

It's the better part of value

Dolce & Gabbana sparked local outrage in January, when a shop guard stopped Hongkongers from snapping photos of the Tsim Sha Tsui storefront. Online chat rooms were filled with speculation that the store was protecting the identities of the predominantly mainland clientele inside, on the view that D&G's powerful patrons did not want to be photographed spending lavishly on luxury goods.

7 May 2012 - 12:00am

Luxury flat prices to grow, says Kerry

Kerry Properties forecasts prices of luxury residential units will grow a further 10 to 20 per cent as new supply remains tight.

4 May 2012 - 12:00am

Nothing succeeds like excess

London is only weeks away from the opening of the Olympics. And with each day, the city puts the squeeze on tourists just a little more firmly.

Hotel prices for August have doubled since the same time last year, according to Flight costs are also rising: a Hong Kong-London round trip with British Airways in late July costs HK$11,560, and that's economy class.

30 Apr 2012 - 12:00am

Company sates appetite for premium products

Founded in 1895 as a shipping and trading company, first in Hong Kong and later Shanghai, by seafaring men Jacob Jebsen and Heinrich Jessen, Jebsen & Co's historic ties to the Middle Kingdom have positioned its brand as the premium marketing, distribution and logistical service representing consumer goods, beverage, industry products and luxury items including motor vehicles.

16 Apr 2012 - 12:00am

It's a spree country

Ou Yangkun, the chief executive of the mainland office of the World Luxury Association, was recently shopping in Beijing for a diamond-studded Hermes belt buckle called Starry, which costs US$45,000. He was out of luck. Shops were sold out everywhere and the best staff could do was put him on a waiting list.

19 Mar 2012 - 12:00am

Perfect fit

It is almost exactly a year to the day since Kim Jones walked into his new studios at Louis Vuitton in Paris. It marked his realisation of a decade-long dream to work for the luxury brand, one that began the moment he walked through the glass doors of Vuitton's swish Paris headquarters with a portfolio under his arm.

9 Mar 2012 - 12:00am

Booted upstairs

With fashion houses clamouring after the growing luxury menswear sector, LVMH is counting on Alessandro Sartori and a heritage shoemaker to grab a slice of the action.

2 Mar 2012 - 12:00am

Old World triumph

Luxury properties in Old World cities, such as London, New York and Moscow, are outperforming the overall market, according a report by real estate consultants Knight Frank. The overall luxury market rose 3 per cent last year, but prices in Asia-Pacific fell 1 per cent. Hong Kong prices rose 6.6 per cent overall last year, but fell 4.4 per cent in the second half of the year.

17 Feb 2012 - 12:00am

LVMH targets fashion brands on mainland

LVMH, the world's biggest luxury group, is intensifying its drive into China by acquiring promising local fashion brands targeting mid to high-end consumers on the mainland, analysts said.

The strategy would help the French conglomerate deepen its understanding of the mainland market and expand faster in the world's second largest luxury market, they said.

10 Feb 2012 - 12:00am