Focus
Louis Vuitton
LVMH Aims to Restore Tiffany’s Sparkle With $16.2 Billion Takeover
Louis Vuitton owner LVMH has agreed to buy Tiffany for $16.2 billion in its biggest acquisition yet.
Opportunities for Luxury Brands as Chinese Consumers Become More Discreet
The established luxury brands in China have hit the perfect storm. At a time when Chinese high net worth consumers are tiring of status quo retailing, a government clampdown on graft and corruption is pushing buyers even further away from the flashy logos they once coveted.
Dior’s New Flagship in Gangnam District to Attract Consumers With High Tea
The luxury store will compete for affluent Chinese consumers’ growing discretionary spend.
Counterfeit Louis Vuitton Goods Worth One Billion Yuan Are Seized in Southern China
Police in southern China’s Guangzhou seized over a billion yuan ($163 million) worth of counterfeit Louis Vuitton purses and handbags recently.
