Tag
China luxury market
Stories tagged China luxury market.
Louis Vuitton China sales slide after Molly Tea trademark win sparks backlash
Louis Vuitton's China sales fell sharply in July and August after a trademark victory over local tea brand Molly Tea triggered a patriotic social media backlash. Declines reached roughly 30% in July before narrowing to an estimated 20-25% in August.
Santa Maria Novella Opens First Directly Operated Flagship in China at Shanghai's Plaza 66
The Florentine legacy perfumer has opened its first directly operated boutique in China at Shanghai's Plaza 66, a space designed to connect Italian and Chinese botanical traditions. The store's architecture and product range draw on the brand's historic Florence flagship, housed in a 13th-century chapel.