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Singapore’s luxury sales forecast to hit $10.9B this year, fueled by its 242,000 millionaires

Singapore’s luxury sales forecast to hit $10.9B this year, fueled by its 242,000 millionaires

Singapore’s luxury market is defying a global slump, with sales expected to reach S$13.9 billion (US$10.9 billion) this year, driven by its millionaire population and rising tourism spending.
Quiz: Which Asian city leads in new luxury store openings?

Quiz: Which Asian city leads in new luxury store openings?

Thailand’s youngest Prime Minister Paetongtarn Shinawatra showcases elegant fashion sense

Thailand’s youngest Prime Minister Paetongtarn Shinawatra showcases elegant fashion sense

Son of Asia's richest man showcases multi-million dollar watches and jewellery at wedding

Son of Asia's richest man showcases multi-million dollar watches and jewellery at wedding

Anant Ambani, the youngest son of Asia's wealthiest man Mukesh Ambani, showcased an impressive collection of luxury watches, including Patek Philippe and Richard Mille, as well as diamond brooches at his wedding.
July 22, 2024 | 02:07 am PT
Controversy erupts as luxury brand Giambattista Valli sends Chinese customer's dress to actress Anya Taylor-Joy

Controversy erupts as luxury brand Giambattista Valli sends Chinese customer's dress to actress Anya Taylor-Joy

A Chinese customer has accused the Italian luxury brand Giambattista Valli of lending a dress she had ordered to British-American actress Anya Taylor-Joy without her permission, sparking controversy.
June 13, 2024 | 02:23 am PT
Premium international brands eye Vietnam’s growing middle class

Premium international brands eye Vietnam’s growing middle class

Several premium toy, baby product and fashion brands have entered Vietnam or expanded their business in the country this year, lured by its burgeoning middle class.
May 21, 2024 | 11:21 pm PT
Many people love luxury brands but choose to use counterfeit goods

Many people love luxury brands but choose to use counterfeit goods

While my family steadfastly avoids fake luxury items, I've observed that many Vietnamese consumers, despite their professed love for high-end brands, opt for counterfeits.
May 19, 2024 | 03:19 pm PT
Billionaire Arnault adding sons to LVMH board

Billionaire Arnault adding sons to LVMH board

Business magnate Bernard Arnault will appoint two more of his sons, Alexandre and Frederic, to the board of LVMH, the world’s largest luxury goods company.
January 29, 2024 | 05:14 pm PT
Luxury brand reps nearly triple Vietnam profits

Luxury brand reps nearly triple Vietnam profits

Vietnam’s distributors of luxury brands such as Louis Vuitton, Chanel, Dior and Hermes posted VND3.8 trillion ($156.57 million) in 2022 profits, up 270% year-on-year, according to latest data from a market research company.
January 2, 2024 | 09:12 pm PT
Chinese authorities destroy 3,000 tonnes of fake goods worth US$69M

Chinese authorities destroy 3,000 tonnes of fake goods worth US$69M

Chinese authorities on Thursday destroyed a giant haul of counterfeit products purporting to be from brands such as Nike and Louis Vuitton at an event held across 17 provinces and cities, state broadcaster CCTV reported.
December 3, 2023 | 11:36 pm PT
Blackpink Lisa seen with son of LVMH founder

Blackpink Lisa seen with son of LVMH founder

Lisa of the K-pop group Blackpink was seen waiting in a California airport VIP lounge with Frédéric Arnault, son of the luxury goods conglomerate LVMH’s founder and CEO Bernard Arnault.
August 15, 2023 | 03:30 am PT
Model and luxury retail heir postpone Saigon wedding ceremony in Covid precaution

Model and luxury retail heir postpone Saigon wedding ceremony in Covid precaution

Vietnamese model Linh Rin and retail heir Phillip Nguyen have postponed their wedding in Saigon due to a potential coronavirus outbreak.
April 27, 2023 | 11:17 pm PT
Model shares moments in Manila wedding to luxury retailer heir

Model shares moments in Manila wedding to luxury retailer heir

Vietnamese model Linh Rin has recently uploaded photos taken during her Manila wedding to Phillip Nguyen, son of Vietnam's “king of luxury brands” Jonathan Hanh Nguyen.
April 24, 2023 | 10:56 pm PT
Luxury sector eyes reopening of China

Luxury sector eyes reopening of China

After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023.
February 19, 2023 | 09:19 pm PT
Suspected counterfeit goods found at HCMC shop

Suspected counterfeit goods found at HCMC shop

A number of products with brand names such as Gucci, Chanel, and Fendi which appear to be counterfeit have been found at the Trang Nemo Shop in Ho Chi Minh City.
December 10, 2022 | 08:35 am PT
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