Luxury

The luxury products prices of many luxury names in the Chinese market have changes at the beginning of the year.

The luxury products prices of many luxury names in the Chinese market have changes at the beginning of the year.

With many luxury names, money isn't everything.  Customers cannot enter a Rolex or Hermès store to request to see a Hermès Daytona bag or Hermès Birkin bag and easily pay for them.

With many luxury names, money isn't everything.  Customers cannot enter a Rolex or Hermès store to request to see a Hermès Daytona bag or Hermès Birkin bag and easily pay for them.

Covid-19 is the launching pad that drives the global luxury resale market to grow better. The average annual growth rate of the global luxury resale market is 12%, much faster than the average growth of the luxury fashion market is 3%.  

Covid-19 is the launching pad that drives the global luxury resale market to grow better. The average annual growth rate of the global luxury resale market is 12%, much faster than the average growth of the luxury fashion market is 3%.  

According to a report from Alibaba shopping platform Tmall and consulting firm Bain, the Chinese luxury marketplace grew by about 48% this year to about $52.9 billion.

According to a report from Alibaba shopping platform Tmall and consulting firm Bain, the Chinese luxury marketplace grew by about 48% this year to about $52.9 billion.

The pandemic and the recovery of the Chinese economy have quickly moved luxury stores from the US and Europe to the Asia-Pacific.

The pandemic and the recovery of the Chinese economy have quickly moved luxury stores from the US and Europe to the Asia-Pacific.

The super-rich are pouring money into online shopping for luxury products as much as ever, despite the Covid-19 epidemic.

The super-rich are pouring money into online shopping for luxury products as much as ever, despite the Covid-19 epidemic.

The luxury products industry is exactly the luxury names, the rare goods ... Always the items directly related to the experience and feeling of the user.  And for the most part, the marketing trend for luxury, super-luxury products for the rich is sophistication and glamor.

The luxury products industry is exactly the luxury names, the rare goods ... Always the items directly related to the experience and feeling of the user.  And for the most part, the marketing trend for luxury, super-luxury products for the rich is sophistication and glamor.

Italy contributes about 40% of the global luxury products manufacturing industry and currently Italian luxury products industry is struggling to cope with the devastation of COVID-19.

Italy contributes about 40% of the global luxury products manufacturing industry and currently Italian luxury products industry is struggling to cope with the devastation of COVID-19.

The top 10 luxury names that generate more than half of luxury products revenue in 2019, led by the French group LVMH with revenue of $37.5 billion.

The top 10 luxury names that generate more than half of luxury products revenue in 2019, led by the French group LVMH with revenue of $37.5 billion.