Luxury Tag

Chinese mainland travelers are a major driving force for global tourism, according to a report released by China's leading online travel agency Ctrip and a Chinese think tank, the Center for China and Globalization.Read More
Some luxury brands have approached the trend towards e-commerce with a degree of trepidation, but ultimately it seems no one can resist succumbing to the allure of online retail.Read More
JD.com Inc, China's No.2 e-commerce firm, said it would invest $397 million in fashion retailer Farfetch UK Ltd to expand its luxury offeringsRead More
Despite a sluggish world economy, the expanding group of wealthy Chinese, especially millennials, is showing a bigger appetite for luxury travel, adding a bit to the members' spirit of adventure.Read More
China’s Tencent Holdings is using its vast social-media network to attract luxury-fashion brands to its WeChat app, potentially opening a new frontier in online retail.Read More
Ask a boutique selling pricey luxury goods in France or Italy who their top customers are and the answer most likely will be Chinese tourists on an international spending spree.Read More
Chinese millennial travelers are the future of luxury spending: They’re well-traveled, affluent, and eager to spend on on luxury goods and experiences that show off their wealth. Read More
It only takes a few small steps to establish a good relationship with Chinese tourists who arrive in Italy with the specific aim of going on a shopping spree of luxury goods.Read More
The rich have been even harder at work, spending at least two days a week traveling for business, and are committed to their home country.Read More
For the first time since the financial crisis of 2008, the global market for personal luxury goods failed to grow, stalling at €249 billion (about $258 billion).Read More