economy
British Luxury Brands Suffer in Hong Kong Because of Brexit
Trench coats designed for the streamlined silhouette and the autumn collection of high-end leather bags to carry the most expensive oud fragrance on the market. You can get them all by up to 20 percent cheaper at Burberry’s Causeway Bay outlet in Honk Kong. One of the most iconic British luxury brands, Burberry has been […]
The Indonesian Luxury Market Continues to Cool in 2017
Gloomy predictions for sales trends in 2017 send cold shivers throughout the Indonesian luxury market. This comes in spite of a one-year-old revoked luxury goods sales tax aimed at attracting the purchasing power of the Indonesian luxury consumer. Rather than seeing its upper class spending domestic money on Louis Vuitton bags abroad, the Ministry of […]
Terrorism Threatens Luxury Shopping in Europe
In times of turmoil, who feels like luxury shopping in the Parisian boutiques or splashing in a five-star hotel on the French Riviera? In the aftermath of tragedies, a period of mourning ensues. The luxury industry is the first to reflect the shocked and shattered state of mind of the world. The Economics of Terrorism […]