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Luxury

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Navigating the Luxury Market, BCG Execs Offer Advice

“Building a drum beat. It’s the perfect moment now.” That’s Geoffroy van Raemdonck, the former chief executive officer of the Neiman Marcus Group, suggesting ways businesses catering to…

Swiss Watch Exports Slump Globally in August

PARIS — Swiss watch exports cooled significantly in August. Shipments of wristwatches fell 16.4 percent, reaching 1.57 billion Swiss francs or $1.98 billion, and over 13 percent in units…

What to Watch: Where Luxury Might Thrive Next

“I am naïve enough to think that China will come back in the not-too-distant future.” So says, a little sheepishly, Erwan Rambourg, luxury analyst at HSBC and author of “Bling Dynasty,”…

British Luxury Pajama-maker Derek Rose Dies at 93

LONDON — Derek Peter Rose, the founder of chairman of British luxury pajamas maker Derek Rose, passed away on Aug. 29 at the age of 93. Rose was the second generation of a family-run…

Brands Retool Qixi Strategy Amid China Slowdown

With no signs of immediate recovery — despite a recent stock market rally — luxury and fashion brands have continued to hold back on localized campaigns in China. That meant this year’s…

Alo Expands Into the Luxury Handbag Category

For years, Alo’s tie-dye bag was a staple amongst celebrities, fitness enthusiasts and more. And now, the Los Angeles-based wellness company is expanding on its elevated offerings — the…