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Rich Chinese tourists drive luxury demand in Japan on weak yen

Rich Chinese tourists drive luxury demand in Japan on weak yen

LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China.
Fashion
Japan’s Muji bets minimalist retail will work for homes, hotels

Japan’s Muji bets minimalist retail will work for homes, hotels

Known for simple, monotone stationary, apparel and home goods, Muji is betting that there’s just as much demand for no-frills homes and hotels, with plans to ramp up the number of Muji-style accommodations.
Lifestyle
Tapestry dives into hospitality for its Kate Spade and Coach brands

Tapestry dives into hospitality for its Kate Spade and Coach brands

The New York-based fashion group is debuting food and beverage concepts in Dubai and Jakarta.
Lifestyle
Art Basel Hong Kong’s full-scale return tests city’s events appeal

Art Basel Hong Kong’s full-scale return tests city’s events appeal

Art Basel is returning to Hong Kong at its pre-pandemic scale, giving a much-needed jolt to the city’s muted even
Lifestyle
Dolce & Gabbana unveils debut real estate project 888 Brickell Condo Hotel

Dolce & Gabbana unveils debut real estate project 888 Brickell Condo Hotel

Dolce & Gabbana unveiled on Wednesday its first real estate project and condo hotel in the U.S., in collaboration with developer JDS Development Group.
Lifestyle
Recreating Paris in Phnom Penh -- for the rich

Recreating Paris in Phnom Penh -- for the rich

In downtown Phnom Penh, a huge high-end development mimicking the buildings and boulevards of Paris embodies a move to cash in on the "new frontier" for luxury -- in the capital of one of Asia's poorest countries.
Lifestyle
Dior opens first luxury spa in the Middle East

Dior opens first luxury spa in the Middle East

Luxury maison Dior is set to open its first spa in the Middle East, opting for the cosmopolitan city of Dubai to make its debut in the region. 
Beauty
LVMH sells majority stake in cruise retail business

LVMH sells majority stake in cruise retail business

LVMH signed a deal to sell a majority stake in the parent company of its cruise retail business to a group of investors led by Jim Gissy, but will remain an "important minority shareholder" in the new entity.
Luxury
Record passengers as airline industry recovers from pandemic

Record passengers as airline industry recovers from pandemic

Airlines should carry a record number of passengers next year as the sector puts the Covid-19 pandemic behind it, the industry's top trade association said Wednesday, although profitability remains a concern.
Lifestyle
Over 60 Indian footwear and leather goods businesses to travel to Dubai for DIFLEX 2023

Over 60 Indian footwear and leather goods businesses to travel to Dubai for DIFLEX 2023

Over 60 Indian footwear and leather goods businesses will travel to Dubai to participate in the Dubai International Footwear and Leather Exhibition (DIFLEX) 2023 from December 11 to 13. 
Fashion
No big boost expected in luxury spending during holiday season: Bain

No big boost expected in luxury spending during holiday season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers tighten their purse strings, consultancy Bain & company said.
Luxury
Rimowa’s Emelie de Vitis on its exhibition Seit 1898, and latest Never Still campaign

Rimowa’s Emelie de Vitis on its exhibition Seit 1898, and latest Never Still campaign

Rimowa rocked up in New York this week with an exhibition entitled Seit 1898, a cleverly staged expression about arty durability and brand burnishing. 
Luxury
China’s Gen Z is trying to leisure-shop way out of jobless blues

China’s Gen Z is trying to leisure-shop way out of jobless blues

Youth unemployment is at a record high and growth is faltering — but China’s gloomy economic backdrop hasn’t stopped Gen Z from shelling out for travel and leisure.
Luxury
Return to global travel boosts Dufry duty free stores

Return to global travel boosts Dufry duty free stores

Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom
Luxury
Hi Life launches Pune fair, to travel to Colombo, Hyderabad

Hi Life launches Pune fair, to travel to Colombo, Hyderabad

Business-to-customer fashion fair Hi Life has launched its latest premium fair in Pune to showcase designers from across the country and will also travel to Colombo and Hyderabad this month. ​
Fashion
All India Gem and Jewellery Domestic Council (GJC) aims to position India as jewellery tourism hub with IJSF

All India Gem and Jewellery Domestic Council (GJC) aims to position India as jewellery tourism hub with IJSF

The All India Gem and Jewellery Domestic Council (GJC) aims to have India recognised globally as a jewellery tourism hub and will hold an India Jewellery Shopping Festival from June 1 to promote the industry.  
Luxury