(Bloomberg) -- During China’s biggest online shopping festival last November, orders poured in for upscale labels on the mainland’s dominant luxury e-commerce platform, Alibaba Group Holding Ltd.
This isn’t an isolated case. Indian and global brands alike have long faced allegations of drawing “too much inspiration” from luxury labels. Take, for example, Shop Mistry, celebrated for ...
Some luxury labels are discounting their products to an unprecedented degree in China, reflecting a growing panic over unsold inventory as local consumers pull back on spending. Starting this ...
Luxury brands are focused on a certain type of consumer in 2025. Recent years have seen the prices of luxury goods rise sharply, sidelining a critical group of shoppers—those with ...