Author Archives: CLD-Admin

This morning saw British super brand Burberry report strong H1 results, despite continued unrest in Hong Kong shaking profits in the region. Hong Kong revenue dropped from 8 percent to 5 percent of global sales for Burberry in H1, with the brand claiming the significant decline was largely driven by a fall in mainland Chinese tourists. […]

In spite of their general resistance to marriage and procreation, millions of millennials have nonetheless embarked upon the adventures of family life. Yet once they embrace parenthood, their priorities and spending habits change from a focus on frivolities and leisure activities to parenting products and services. Therefore, the luxury industry came up with a contingency […]

These days, China’s social media landscape is fragmenting along multiple fault lines. That means consumers are starting to spend less time on WeChat and Weibo, and luxury brands need to plan for ways to reach these users in their new online homes. In a bid to break WeChat’s dominance, Alibaba, Jingdong, and ByteDance are all […]

Galeries Lafayette is making sweeping changes aimed at younger consumers’ needs for entertainment and experiences. One of the groups’ new Paris ventures is GL ANTICIPATION: a contemporary art foundation designed by OMA architects to support new actions in contemporary art. These activations will be implemented at the ambitious new Galeries Lafayette Champs Elysées and Shanghai […]

It was one of the shorter deliveries CL Yachts has made in its brief history. After the first two units of the CLB72 headed to the US, the third hull was for an owner in Hong Kong, headquarters of the new motor yacht brand. The third CLB72 runs through Hong Kong harbour A fresh offshoot […]

In 2004, the Swedish fast-fashion retailer H&M entered into a collaborative partnership with Karl Lagerfeld creating a capsule collection that was an instant success. Since then, the retail world has seen various luxury-mass collaborations, such as H&M partnering with Stella McCartney, Roberto Cavalli, Comme des Garçons, Versace, and Maison Martin Margiela or Target and Isaac […]

What happened: The latest data from China’s shopping extravaganza Singles’ Day proves that consumption in China isn’t cooling down despite the current economic slowdown and the U.S. trade war. The inventor of the holiday, Alibaba, maintained its exceptional 10-year-track record by scoring $38.4 billion (268.4 billion yuan) in GMV (Gross Merchandise Volume) — a 26-percent […]

Luxury is an elusive concept. When most people think of luxury, they think “expensive.” And, yes, the price point of luxury is typically in the top 1 percent of all products in a category. However, a product in this extreme pricing tier will only be successful if the value it creates matches the price. As […]

What happened:  Today marked “a day of violence and anger in Hong Kong,” as reported by the New York Times. The protestors had planned an all-day strike to commemorate the death of a student protestor that fell from a parking garage during last week’s protests. The day, however, started with more bad news: two protesters […]

As Alibaba Singles’ Day comes to a close, the tally is in, and 2019 generated US $38.4 billion (RMB 268.4 billion) of gross merchandise volume (GMV), reports Alibaba. The sales marks an increase of 26% compared to 2018. This year’s Singles’ Day featured 200,000 participating brands, one million new product launches and 1.3 billion delivery […]