However, LaoPu’s luxury positioning and fixed-price strategy — similar to global brands like Cartier and Tiffany — have helped it buck the trend. While traditional gold jewelry consumption fell 26.7% ...

Despite Moutai’s projected 15% revenue growth, the luxury spirits industry grapples with price declines, changing tastes, and ...

South Korean tourists are flocking to Shanghai, drawn by its visa-free travel policy, luxury offerings, and cultural ...