Luxury labels ditch steep China discounts to rebuild brand value

By Bloomberg Published May 9, 2025 Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. See catwalkGucci – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight None of the products […]

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Alibaba boosts share buy back as revenues miss estimates

By Reuters Published Feb 9, 2024 China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the world’s second-largest economy. Reuters U.S.-listed shares of Alibaba fell 4% in early trading after the company flagged an increase of $25 billion to its share […]

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TikTok, LVMH work on plan to limit fake items sold on the app

By Bloomberg Published Jan 11, 2024 Luxury conglomerate LVMH is in discussions with TikTok and its parent company ByteDance Ltd. on a plan for limiting counterfeit products sold on the popular video-sharing app. See catwalkLouis Vuitton – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics The aim is to work together to achieve an “elevated […]

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