China Fashionistas Get Best Deals On Gucci, Hermes Bling: Retail – Bloomberg

Hidden Events In the past few months, weve signed deals for the first time with brands that didnt work with us for the previous four years, said Villet, who also introduced hidden events this year, restricted to VIP customers and catering to brands that didnt want public sales to tarnish their image. Some recent rounds of discounting have been low-profile, with word of private sales conveyed to regular customers through personal gorden grosir mail, text messages to their mobile phones, or popular online messaging apps such as Tencent Holdings WeChat. Cartier, the maker of $50,000 watches, sent a WeChat message in June telling some of its customers about a high jewelry exhibition with all pieces at Hong Kong prices in North China. Customers could follow up with a salesperson for details. Luxury Outlets A spokeswoman for Hermes said Aprils Hangzhou sales were held outside its own stores, similar to what it does in Paris, and the brand has organized such sales in past years in Beijing and Shanghai. Richemont spokesman Alan Grieve said the company doesnt comment on specific markets, while Ferragamo and Zegna staff were on summer holiday and couldnt respond to questions about the sales.

The Best-Selling Luxury Handbag Designers In Each Major City | StyleBlazer

With the dirth of brands fighting for a stake in the space, and the demand for goods overpowering the supply , its interesting to see which luxury handbag brands are keeping up despite the madness. In a report done by Fashionista in conjunction with online consignment start-up TheRealReal , they identified the top selling handbag designers broken down by city. Their findings do a great job of identifying what brands are trending around the country, and while most of the report is pretty predictable there were a few surprises. Click on the next pages to see which brands reign in cities like New York, San Francisco, Miami and more!

Why COACH, Michael Kors, Apple, GM and New Balance are Succeeding in China – Forbes

Christian Dior SA (CDI) and Ermenegildo Zegna Group both held sales at their China stores in July, with Milan-based Zegna cutting as much as 40 percent off menswear, leather items, and shoes. Some discounting is more understated, as luxury houses try to avoid lowering the value of their brands along with their prices. Hermes dangled price cuts of as much as half off on dresses and shoes in April at an invitation-only sale, held in the eastern city of Hangzhou, according to reports by Chinese media. Guests were invited by mail to the four-hour sale, at a hotel in the city’s West Lake district, and barred from taking pictures, according to a story posted on the website of the People’s Daily, the official newspaper of China’s Communist Party. Price Difference One aim is to keep Chinese shoppers such as Ann Hu from taking their wallets to Europe.

China Fashionistas Get Best Deals on Gucci, Hermes Bling – Yahoo Finance

I provide companies with go to market, expansion, consumer engagement, and supply chain strategies and implementation in China. Key areas of concentration are consumer products, retail, luxury, healthcare and automotive. I have completed projects and campaigns for more than 200 multinational as well as small and medium sized enterprises in China. I was previously managing director of China BrightStar, a china-focused consulting firm, and VP at Beijing Gongmei, a Chinese manufacturing conglomerate. I regularly appear in the media and am a frequent speaker at conferences, universities and special events providing insight on Chinese business, politics and culture.

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