Luxury retail is dependent on Chinese buyers at home and abroad, and it is now facing a crisis.
Tag: Luxury Goods and Services
A French Wine From China? This $300 Bottle Is the Real Thing
A Rothschild estate in Shandong Province has released its first vintage. It was 10 years in the making.
How North Korea’s Leader Gets His Luxury Cars
Kim Jong-un parades around in Mercedes-Benzes and a Rolls-Royce, despite sanctions intended to keep North Korea from importing luxury goods. We tracked how they get there.
After a Dip, Hong Kong Real Estate Again Eyes the Stratosphere
Signs suggest that a monthslong slump in the world’s most unaffordable property market is ending.
You Know Your Diamond’s Cut and Carat. But Does It Have Ethical Origins?
Most buyers have no clue where their gems come from, and whether they are “blood diamonds.” Now, jewelers like Tiffany, hoping to attract millennials, are opening up their supply chains.
Police to Auction Off an Inmate’s Designer Sneakers
The police in Gloucestershire, England, will use the proceeds from the sale of 55 pairs of shoes to fund crime prevention initiatives.