Hermes

New Business

How Chinese jeweller Laopu Gold has become a luxury phenomenon

At the newly opened Laopu Gold store in Hong Kong’s IFC Mall, it was quiet on a weekday afternoon. The…

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New Business

China’s cash-conscious consumers force Europe’s luxury giants to think small

In the Paris boutique of a Swiss luxury watchmaker, a Chinese customer anxiously discusses a credit card payment with her…

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New Business

Louis Vuitton, Gucci owners face tough times in China amid trade war, property slump

The world’s biggest luxury groups will continue to face challenges in China as the trade war with the US weighs…

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