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Gucci makeover: Marble staircases, velvet armchairs

Velvet armchairs and marble staircases are the backdrop for Gucci’s new efforts to revive the ailing luxury brand. Its new creative director is betting big on the makeover. Alessandro Michele’s fall-w ...More

EJ Insight2015-09-22

Luxury retailers push HK landlords to cut store rents

... s such as Gucci and Balenciaga -- flooded to Hong Kong in recent years to take advantage of surging Chinese appetite for high-end goods. But now they are grappling with a challenge as China's economic ...More

EJ Insight2015-09-21

Shoplifter strikes Causeway Bay luxury shop twice in minutes

...  HK$3,000 Gucci wallet from a window display. She hides it underneath her cardigan and is gone from DunDun Italy Luxury shop in 10 seconds. About 12 minutes later, the woman returns to the same shop i ...More

EJ Insight2015-09-01

Gucci tangles with Hong Kong landlords

... er of the Gucci brand, has also warned that it may close some of its shops in Hong Kong if rents don’t come down. “Many landlords have not necessarily understood that the markets have changed,” Kering ...More

EJ Insight2015-08-11

Forget LVMH, LFX is the new king on the block

...  dollar. (Gucci is reported to be in talks for lower rent.) Last week, LVMH subsidiary TAG Heuer, a Swiss watchmaker, confirmed it is closing its Causeway Bay store due to high rent. It's understandab ...More

EJ Insight2015-08-05

Henkel, Coty bid for P&G beauty assets

...  Boss and Gucci and could fetch around US$2 billion. P&G has already divested some of its non-core brands. Last year, the company sold its Duracell battery brand to Warren Buffett's Berkshire Hat ...More

EJ Insight2015-06-09

Hermes bag fetches HK$1.72 mln at auction

... hanel and Gucci have been slashing prices in Hong Kong and mainland China to attract buyers. Last weekend, Italian fashion house Gucci, owned by Kering SA of France, cut many of its prices in China in ...More

EJ Insight2015-06-02

Jack Ma hints at retirement in 10 years

... including Gucci and YSL which accuse Alibaba of selling counterfeit versions of their products. "I have learned a lot from all the problems in my life," Ma said, referring to Alibaba's challenges. Tra ...More

EJ Insight2015-05-21

US presidential race marks open season on China bashing

... itton and Gucci bags.” Rand Paul, a Republican senator from Kentucky who has already announced his candidacy, chose to mislead his supporters right out of the block in his announcement speech. “We mus ...More

EJ Insight2015-04-15

Move over, super rich - HENRYs are China's new big spenders

... itton and Gucci have been hit by a "cold front", the Jing Daily report said. "The Chinese consumer is now more educated and less conformist, which means they are less inclined to look like a secretary ...More

EJ Insight2015-03-16

American joins army of milk powder smugglers to China

... dbags and Gucci jackets in the shops on Canton Road, while guilao and Hong Kong people gape at them from the pavement. It is they who go to Lo Wu to buy the fakes. One hotel in Macau has hired two for ...More

EJ Insight2014-12-30

US watchdog fines Avon US$135 mln for China bribes

... s such as Gucci bags and Louis Vuitton merchandise, Agence France-Presse reported, citing a statement from the US regulator. Its subsidiary in China made US$8 million worth of payments in cash, gifts, ...More

EJ Insight2014-12-18

Shanghai's Bund sees exit of luxury brands as consumption wanes

... s such as Gucci can make more than 1 million yuan (US$161,998) in revenue a day, compared with only 100,000 yuan for brands of a similar class in the Bund, the China Business News report said. However ...More

EJ Insight2014-08-06

Counterfeit craftsmanship

... ht a fake Gucci wallet. I have been using it for two years and it is still very nice. But I also bought an authentic one. The stitching started to come out on that one in less than six months,” a vete ...More

EJ Insight2014-07-04

The mind of the counterfeit shopper

... Hermes or Gucci if the item costs about the same as an unbranded bag of similar quality. By this logic, a knockoff is seen as better than no brand at all. Good replicas are also winning over those who ...More

EJ Insight2014-07-02

The rise and fall of Hangzhou malls: What's the message?

... agamo and Gucci stores there, once among these brands' most profitable outlets in China, saw an average 30 percent sales loss. State-owned China Resources (Holdings) Co. had chosen Hangzhou as the loc ...More

EJ Insight2014-03-21

Who needs 1,000 yuan notes?

... ing for a Gucci bag. It could also have been abetted by the growing perception that the renminbi will continue to appreciate as China's economy strengthens. But does China need 1,000 yuan bills at the ...More

EJ Insight2014-01-07

Gucci wins trademark infringement case against Guess, paper says

Luxury retailer Guccio Gucci S.p.A. has won a lawsuit against Los Angeles-based Guess Inc. for trademark infringement, National Business Daily reported Friday. A court in Nanjing ruled that Guess infr ...More

EJ Insight2013-11-08

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