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Suit against Alibaba over pre-IPO regulatory warning dismissed

... s such as Gucci and Yves Saint Laurent. In her 40-page decision, McMahon said the IPO materials contained extensive disclosures of regulatory risks that Alibaba faced for failing to police its website ...More

EJ Insight2016-06-23

Anti-counterfeiting coalition suspends Alibaba membership

...  Kors and Gucci America had pulled out of the coalition after Alibaba was welcomed into the group. The Wall Street Journal cited Michael Kors as saying in a letter to the IACC board that Alibaba's adm ...More

EJ Insight2016-05-16

First, Queen Elizabeth. Now, Tiffany. Who’s next?

... versary”. Gucci also quit the non-profit group within the past three weeks. It appears that Alibaba was wrongfooted by the reaction to its entry into the IACC. The firm declared Wednesday that it is e ...More

EJ Insight2016-05-13

Mainland man gets heavy jail term for robbing hotel guest

... bag and a Gucci purse nine hours later. A hotel employee helped the victim call the police. Yang returned to the mainland on the same day he left the hotel after he used the victim's cards to buy an i ...More

EJ Insight2016-05-11

Gucci sorry for action over branded funeral paper shoes

Gucci has apologized to its Hong Kong customers for its recent action over branded paper shoes used in ceremonial burning. The company said it regrets any misunderstandings, adding it remains "committ ...More

EJ Insight2016-05-06

'Exclusive': PR firm's plans for China revealed

...  or maybe Gucci about who nowadays are their numero uno clients. Sure, business is slacking off a bit, but ups and downs are what happen in the challenging, multifaceted world in which we live. The P ...More

EJ Insight2016-04-29

Gucci warns funeral accessory shops over branded paper shoes

Gucci is threatening legal action against two Hong Kong funeral accessory shops that sell branded paper shoes used in ceremonial burning. The Italian luxury goods company said the Gucci-branded paper ...More

EJ Insight2016-04-28

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

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