Prada

New Business

Schiaparelli picks Hong Kong’s Landmark for first flagship Asian store

Schiaparelli, a fashion house known for its unique and surreal designs, is set to make its Asian debut with a…

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New Business

How China’s ‘emotional spending’ trend is transforming shopping malls

In a central Wuhan shopping centre, a banner for a new Pop Mart hangs where an Air Jordan store once…

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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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New Business

Luxury malls in Beijing, Shanghai slash rents, change tenant mix as consumer spending dips

A slowdown in Chinese consumer spending on luxury goods is affecting high-end malls in Beijing and Shanghai, with shopping centres…

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New Business

Prada to acquire rival fashion house Versace in whopping $1.4 Billion deal

Prada is set to acquire iconic Italian fashion house Versace in a major billion-dollar deal, aiming to bring together two…

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New Business

Gucci, Prada close more China outlets as consumers cut luxury spending

Global luxury retailers are hastening their retreat from China by shutting stores in high-end shopping malls across major mainland cities,…

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New Business

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada is renting an 8,000 sq ft store in K11 Musea, a harbourfront luxury shopping centre by New World Development,…

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