Luxury Western brands selling designer handbags and handmade suits to China's newly-rich, may find their local distributors want a bigger role or even ownership given the $10 billion market is booming.
The designer outlet group hosting 2,000 designer stores, reported that sales in their 19 centres across eight European markets have increased by 16%. The outlet giant also announced plans to open more than 100,000 sq m² of retail space across Europe in the next 3 years.
Temple St. Clair has joined a growing list of designers choosing to exhibit at 'Luxury at JCK' in 2011. With an expanded exhibit space, redesigned layout and additional show dates, JCK has become one of the most desirable destinations for professionals in the jewellery industry.
The allure of a top fashion name and the reach of a global chain: the Paris couturier Lanvin this week rolls out a line for H&M in the latest of a string of holiday-season flings between high fashion and high street.
At the last International Herald Tribune Luxury Conference, designers discussed the assets of heritage and the weight of the past. The question is: how can the brands modernise and stay alive while maintaining their heritage and strong values?