Tiffany & Co’s sales in the United States and Hong Kong took a hit in the latest quarter as Chinese tourists spent less than expected, sending the jewelry maker’s shares down nearly 8 percent on Wednesday.
Kylie, Kim, Meghan and Cardi have been the top influencers in 2018, while ugly sneakers, skinny jeans, bike shorts, leggings and logos, logos and more logos have been fashion favourites, the annual Lyst index shows.
Louis Vuitton is heading to the Big Apple. The house's creative director Nicolas Ghesquière has decided to stage its next cruise show in New York on May 8, 2019, continuing his peripatetic voyage of the globe.
Luxury brands will increasingly have to court Chinese shoppers on their home turf, as purchases soar among a clientele who are forecast to generate nearly half the industry’s sales by 2025, a study showed on Thursday.