The latest report by Boston Consulting Group has revealed China remains the biggest driver in the world's luxury market, despite the country's economic slowdown.
The luxury goods sector is embracing cutting-edge technologies as fashion boutiques turn to virtual reality and artificial intelligence to woo shoppers.
Reed Krakoff will join the troubled American jewellery brand in February.
Four Chinese cities have made the list of world's top ten favorite destinations for luxury retailers, according to a report released on Thursday.
Spending on luxury goods by Chinese shoppers abroad fell last month for the first time since such records began in 2010, leading to the worst ever monthly result for the luxury goods industry’s tourist sales, retail tax-refund services company Global Blue says.
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
Zimbabweans voted on Wednesday with many citizens desperate for change after two decades of relentless economic chaos but skeptical that an election will help improve t
With the theme "opening up leads development, cooperation delivers the future," the China International Fair for Trade in Services (CIFTIS) opened in Beijing on Saturda
Enrique Tarrio, the former national chairman of the far-right group Proud Boys, was sentenced on Tuesday to 22 years in jail for his role in the January 6, 2021, riot o
Wagner Group private military company's leader Yevgeny Prigozhin was presumed dead on Wednesday in a plane crash in the Tver Region near Moscow.According to the list re
The Defence Intelligence of Ukraine (DIU) has reported that Ukrainian forces attacked the 126th Separate Guards Coastal Defence Brigade of the Russian Black Sea Fleet o
China is set to see more capital inflow and enterprise cooperation during this year's Silk Road (Dunhuang) International Cultural Expo, in order to meet the growing app
The 2023 China International Fair for Trade in Services (CIFTIS) opened in Beijing on Saturday.Themed "openness leads development, cooperation creates a win-win future,
The United Nations on Tuesday called for a legally binding ban of nuclear tests and warned of a global catastrophe brought by nuclear weapons.In a message on the Intern
Srettha Thavisin from the Pheu Thai Party was elected as the new prime minister of Thailand on Tuesday after winning a simple majority in a parliamentary vote.Srettha w
A recent meeting of the Political Bureau of the Communist Party of China Central Committee highlighted the need to effectively prevent and resolve risks in key areas, a
Brice Oligui Nguema, commander-in-chief of the Gabonese Republican Guard, was named as the transition leader of the Central African country on Wednesday night following
Iran and China have "good capacities" for environmental cooperation, especially in combating dust and sand storms, said Ali Salajegheh, Iran's vice president and head o
The white gunman who shot and killed three Black people in Florida on Saturday bought his guns legally and wrote of his hatred of Black people, local law enforcement sa
Mexico's top political parties this week named their candidates for the 2024 presidential election.Both candidates are engineers and have political experience. And for
Rescuers on Monday faced a growing race against time to find survivors from the rubble of devastated villages in Morocco's Atlas Mountains, three days after the country
Yevgeny Prigozhin, head of the Wagner military group, was buried in private on Tuesday in his native city St. Petersburg, Russia.Prigozhin's press service said in a pos
Chinese President Xi Jinping said on Thursday that China will soon launch a special fund of $10 billion to implement the Global Development Initiative (GDI).Xi made the
Hurricane Idalia left a trail of destruction along its path through three U.S. states. In Florida, where it first made landfall in the Big Bend region, where the panhan