luxury brands News

Exclusive: LVMH in Advanced Talks to Sell Marc Jacobs Brand for a Staggering $1 Billion

LVMH is in talks to sell Marc Jacobs for $1 billion, engaging with potential buyers like Authentic Brands Group, following a 4% revenue drop. The move reflects strategic adjustment...

Singapore's Luxury Market Soars: A $10.9B Forecast Driven by 242,000 Millionaires

Singapore's luxury market is booming, with sales forecasted to reach $10.9 billion, driven by its affluent population. Brands are expanding their presence, making Singapore a key p...

Luxury Brands Embrace Cryptocurrency Payments Amid Bitcoin Boom

Bitcoin's surge has led luxury brands to explore cryptocurrency payments, aiming to attract new wealth and foster loyalty among crypto investors. Printemps and S.T. Dupont are amon...

High Demand for Retail Space in HCMC Despite Soaring Prices

Despite high prices, retail space in Ho Chi Minh City's District 1 is almost fully occupied, with malls like Saigon Center and Vincom facing a shortage of available shops. The lack...