Standing Out in China’s Sea of Cliché Influencers

China’s lucrative influencer industry is an extremely crowded place. According to local consultancy iResearch, the number of Chinese KOLs (key opinion leaders) with more than 100,000 followers grew 51 percent from 2017 to 2018, and mega-influencers with more than one million followers zoomed 23 percent. Notwithstanding this burst of newcomers, the clichéd messages of Chinese social […]

Alibaba Again Downplays Trade War Worries and Allays Fears of China Slowdown

Good news, finally, for investors in China stocks and believers in the luxury industry? Alibaba Holding Group beat Wall Street analysts’ expectation for net profit in its end-of-year quarter, reporting $4.5 billion (RMB 30.964 billion). Its success stories included its cloud computing business that saw revenue increase 84 percent year-on-year and a spurt of 33 […]

LVMH Reports Strong Growth But Remains Cautious about the Global Economy

Luxury stock investors held their collective breath as the world’s largest luxury player unveiled their earnings for last year — a year dominated by news about lagging luxury sales at overseas destinations by wealthy Chinese tourists. After last week’s mixed news about Burberry’s results and some surprisingly positive Chinese tourist sales data, industry players hoped […]

Condé Nast Launches Online Trade Mag ‘Vogue Business’

Condé Nast, the fashion publishing powerhouse behind consumer-facing magazines like Vogue, GQ and Vanity Fair, has officially stepped into the trade-publication sphere. The move flags an unusual, bottom-line focused direction for the company amid a tough environment. The 21st century has seen the veteran publisher downsize markedly and traditional fashion magazines lose relevance and influence, […]

Three Problems Overhanging Luxury Giant LVMH

“Is the Vuitton brand ‘too’ ubiquitous?” That’s an intriguing question being raised by investment bank Morgan Stanley ahead of the release of French luxury behemoth LVMH Moet Hennessy Louis Vuitton (LVMH)’s 2018 full-year results on Wednesday, January 30. The company’s results will play an oversized role in the luxury market mood and outlook as LVMH […]