Category Archives: Louis Vuitton

Luxury is back on track – Rupert Hoogewerf

Austerity marked the luxury goods industry, triggered off by the anti-corruption drive by president Xi Jinping. But the growth figures are back on track, says Rupert Hoogewerf, based on research by his Hurun China Rich report, released on Thursday, he tells the China Daily. Purchases are back on the 2013 level.

Victoria Secret can get it right in China – Ben Cavender

Victoria Secret took on China online, but has now decided to open its first offline retail flagship store in Shanghai. They move very cautiously, says retail expert Ben Cavender in AdAge, and they have a fair chance of getting it right in one of the most difficult retail markets in the world.

Chinese buy more than ever overseas – Rupert Hoogwerf

While the luxury good suffer from the anti-graft crackdown, what the Chinese buy, they buy increasingly abroad, says China Rich List founder Rupert Hoogewerf at the presentation of his eleventh Hurun Best of the Best Awards 2015, a benchmark for the luxury sector, according to the Shanghai Daily.

Art and travel, the new status symbols – Shaun Rein

Spending patterns of the super-rich have change a lot, tells business analyst Shaun Rein at CNN, Now they focus on both art and exclusive travel. Sales of luxury goods are dropping, and many blame Xi Jinping´s anti-corruption drive, but the rich just make different choices, says Rein.

Apple watch: a winner among luxury buyers – Rupert Hoogewerf

Apple´s watch got a lackluster welcome worldwide, but luxury industry watchers in China expect the new device will make a blast in the China market. China Rich List founder Rupert Hoogewerf explains in the International Business Times why the watch is so attractive.

IPhone 6 key gift for Chinese New Year – Shaun Rein

A reasonable price and still a premium, those are the assets of the iPhone 6 as a key gift for Chinese New Year business analyst Shaun Rein notes at CNBC. “The anti-corruption drive is more serious than most analysts realize,” said Rein.

Luxury sales only drop slightly, despite anti-corruption drive – Rupert Hoogewerf

China state media framed the last week´s Hurun Report on the luxury industry a success for the anti-corruption struggle of president Xi Jinping. But the rich cut back their spending only marginally, and Hurun founder Rupert Hoogewerf calls 2014 even a “banner year”.

Logo fatigue in China – Shaun Rein

Famous brands are losing their star status in China, as preferences of consumers shift, tells retail analyst Shaun Rein at Adage, in its 2014 of changing consumer trends in China.

Winners and losers at China’s luxury market – Wei Gu

Europe has been a traditional winner in China’s luxury market, but both brands and countries are losing market share to Asia, and to a lesser degree to the US, discovers WSJ wealth editor Wei Gu in a discussion with HSBC’s Erwan Rambourg. Chinese travel more, and discover more and existing products.

How can Burberry survive in China? – Shaun Rein

Fashion brand Burberry gets a new CEO, as Burberry’s chief executive, Angela Ahrendts move to Apple in 2014. But retail analyst Shaun Rein is not sure current Chief Creative Officer Christopher Bailey would be the best choice to move business in China, he tells in HITC Business.