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Articles on the subject:

China

Bourse-Asie-cover
Economy
Asia breathes life into luxury sales

As Europe continues to lag behind, Asia surges ahead and the United States is recovering well, signalling a strong start to the year for the luxury industry.

Monday, 03 May 2021
3 min read
Watches and Wonders 2020 Sanya
Economy
Hainan is paradise island for Chinese duty-free shoppers

Hainan island – one of the stop-offs for Watches and Wonders 2020 – reels in tourists and Chinese shoppers with its beaches, palm trees and duty-free malls, a sector that is now opening to competition. Richemont is in the running through a collaboration with China Duty Free Group and a stake in Dufry.

Monday, 22 March 2021
5 min read
5
Fartech, IPO (2018)
Economy
Farfetch, the luxury e-commerce prodigy

In the space of a year, Farfetch has become the one to watch in luxury e-commerce, a position confirmed by the billion-dollar investment by Richemont and Alibaba in the company, which is still reporting losses, and by its share price performance. In the twelve months to February 18, Farfetch stock gained almost 450%.

Monday, 22 February 2021
4 min read
3
Bourse-et-luxe-cover
Economy
Luxury stocks climb higher and higher

Strong increases in share prices reflect investor sentiment that the luxury industry has already bounced back from the Covid-19 crisis, with record valuations.

Monday, 15 February 2021
4 min read
Serpenti Misteriosi Baroque Pearls Secret Watch © Bulgari
Economy
Luxury’s immediate future is in jewellery

As confirmed by Richemont’s third-quarter results, jewellery sales remain strong to the point that jewellery is the most promising segment in the personal luxury goods market. Driving this growth: changing purchasing patterns and soaring demand among Chinese customers.

Monday, 25 January 2021
4 min read
9
Reprise-économique-cover
Economy
Luxury market expected to grow 15% in 2021

After a forecast decline of 23% in 2020, Bain & Co expects the personal luxury goods market to gain in the region of 15% this year. All eyes are on the evolution of Covid-19, macroeconomic factors and the return of international travel.

Monday, 18 January 2021
4 min read
Chine-puissance-horlogère-cover
Economy
China leads luxury into 2021

As Swiss watch exports rallied in the last months of 2020, China’s insatiable appetite for luxury is on track to dominate the global market well into the future.

Monday, 04 January 2021
5 min read
annee_2020-21
News
A look back at 2020 in watches

Over the past twelve months FHH Journal has reported on watch industry news, covering everything from the markets to brands and their products. Here, in brief, are some of the events that marked this unusual year.

Wednesday, 30 December 2020
4 min read
Richemont
Economy
Top spot for online luxury up for grabs

Switzerland’s Richemont, China’s Alibaba and France’s Artémis (Kering) are to invest over a billion dollars in British marketplace Farfetch in a bid to dominate the Chinese online luxury market. The race with Amazon is on.

Monday, 07 December 2020
4 min read
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