Q2 sees the Chinese luxury market perform beyond Q1 expectations
Designer Handbag Prices Increase Details: Chanel, Louis Vuitton – WWD
Louis Vuitton’s Pochette Accessories saw a 46.2 percent increase in price, while Chanel hiked the price for Classic Flap bags by 20 to 31 percent in 2020.
Luxury Bags' Price Hikes in the Time of COVID-19 in China: A Ranking – WWD
Single-day sales at a Louis Vuitton store reached as much as 10 million renminbi, or $1.48 million, according to Chinese social media Xiaohongshu.
Revenge Spending Returns for Chinese New Year – WWD
The luxury industry, despite some good signs, is expected to experience growth slowdown in 2023 thanks to economic factors across the globe.
The Luxury Industry's Growth Is Expected to Slow Down in 2023 – Robb Report
Luxury brands rebound in China, but they've been changed by coronavirus forever
China's middle class stampede for luxury handbags
The Chinese personal luxury market is set to decelerate after a year and a half of breakneck growth in the aftermath of the outbreak of COVID-19, with low double-digit growth expected for full-year 2022.
What's Next for Brands in the Chinese Market? – WWD
China’s retail sales growth slowed in May, while the youth unemployment rate hit an all-time high.
Luxury Courts Big Spenders to Combat China's Slowed Growth – WWD
Chanel will show in Manchester, England, Philipp Plein and Fabolous took their time, PETA calls on Hermès to drop crocodile Birkins.
Chanel's Manchester Show, Waiting for Fabolous, PETA Pressures Hermès – WWD
According to Morgan Stanley’s estimate, around 1 percent of customers will account for as much as 40 percent of sales in some key luxury malls in China.
Luxury Bets on China's Wealthy Shoppers to Maintain Growth – WWD
The luxury index, which is produced by research and market intelligence firm, Digital Luxury Group, believe that Chanel. The luxury index, which is produced by research and market intelligence firm, Digital Luxury Group, believe that Chanel's position was helped by their lucrative beauty offerings.
Chanel is China's favourite fashion brand: Cosmetics collections give French fashion house the edge over other luxury labels
China's Unstoppable 2020 Luxury Market
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