Monthly Archives: June 2019

Founded in 1786, in Florence, Italy, the Antico Setificio Fiorentino showcases a vast history of silk weaving and Italian textiles from the Renaissance forward. It even includes a famous warping machine (an ancient device that turns the thread into fabric) based on the design by none other than Leonardo da Vinci that is still in […]

As China’s leading social media platform with over 1.1 billion monthly active users, WeChat is now a daily business necessity for luxury brands. To serve greater marketing and advertising needs, the app quickly evolved over the last couple of years, enabling brands to acquire and monetize traffic with a one-stop business solution. At the 66th […]

Luxury brands continue to explore WeChat’s many functions, from e-commerce to loyalty programs to chatbot possibilities, with the expressed goal to engage with over one billion WeChat users. While many brands create one-off Mini Programs for special occasions like Valentine’s Day or local exhibitions and events, the luxury powerhouse Louis Vuitton has built up strategic […]

The 65m Benetti will be the Italian shipyard’s first superyacht to fly the Chinese flag, with a certificate issued by the China Classification Society Benetti continues to build on its success in the Asia Pacific area. Hard on the heels of the recent sales of a Mediterraneo 116, Fast 125 and 50m custom, Benetti’s winning […]

Although China’s appetite for luxury brands is well documented, misconceptions and stereotypes involving the Chinese consumer are still being widely disseminated. Every so often, young Chinese shoppers are presented as “label-obsessed” buyers who are addicted to luxury shopping, but the reality is far more complex. While Western-style consumerism interprets luxury consumption as a “way of […]

SilverYachts, the Australia-based builder of high-performance, fuel-efficient aluminium monohull superyachts, is building 35.5m SpaceCats at its new Pearl River yard. SpaceCats are built in SilverYachts’ facility in China under supervision of the builder’s Australian management team Hong Kong-based Executive Director Jona Kan said SpaceCat was a strategic partnership between SilverYachts and Espen Øino International. The […]

The rise of Chinese wealth has given rise to reality shows like “Ultra Rich Asian Girls” As early as 2018, consulting group Capgemini SE confirmed a wide-known, oft-cited rumour, China’s high net worth individuals controlled an estimated $5.8 trillion of wealth but most of it was offshore despite strict regulations concerning capital flight from the […]

Key Opinion Leaders (KOLs) and online influencers have established themselves as premier players in the luxury sector and now command significant fees and build celebrity-level profiles from collaborating with big-name brands. But now they’re facing increasing competition from a whole new cast of characters: virtual influencers. Born out of the enduring consumer enthusiasm for ACG […]

If a company chooses a wait-and-see approach instead of leading the charge into new technology, then they have already lost. Many brands still don’t understand this. For instance, it’s nearly impossible to buy any luxury car online. And the typical reason CEOs and sales directors of luxury car companies give me is that consumers don’t […]

Last week, Glossy reported a bit of good news for luxury brands and resellers around the world: 2018 saw a drop in counterfeit goods among resellers, according to new data from luxury goods authentication platform Entrupy. Things are looking similarly positive for a platform that has faced significant challenges with counterfeit sellers as luxury retailers […]