The Luxury Life: Are big brands Louis Vuitton, Dior picking Japan, South Korea over China?

SHARE:

Be it a Bottega Veneta clutch or a Bvlgari ring, the Chinese love all things expensive. They are big spenders when it comes to luxury brands, driving global sales for more than a decade. But then came COVID-19 and upended lives in China and a lot more. Amid lockdowns and slow economic growth, the Chinese luxury lover had to take a backseat (somewhat). So then who stepped in? And what happens now that the Chinese have abandoned COVID-19 restrictions and are ready to travel the world?

No one was spared the impact of the pandemic; not even the high-end brands. But as the world, including China, is getting back to business, luxury giants seem to be treading with a bit of caution. They are looking elsewhere.

Asia is a big market and they are not letting that go. They are turning to Japan, which has been the OG buyer of luxury goods before China became the big spender, and South Korea, according to a report in Bloomberg.

All eyes on Japan

Long before the Chinese, it’s the Japanese had the purchasing power for high-end European brands. Now, fashion houses are paying more attention to it.

Louis Vuitton, which has reigned supreme in China, has a big collaboration with Japanese contemporary artist Yayoi Kusama. They have transformed stores across the world with Kasuma’s signature polka-dots and her replicas. The maison set a vibrant new pop-up in Kusama’s hometown of Harajuku, Tokyo earlier this month. The luxury giant launched products first in Japan and China before rolling them out worldwide, reports Bloomberg.

LV is not all. In Tokyo, the luxury fashion scene is popping. Christian Dior’s Designer of Dreams exhibition came to the Japanese capital in December and June will see Chanel host its Metiers d’Art fashion show.

Japan luxury market

In October 2020, the global luxury group Kering, which has brands like Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and Brioni under its umbrella, opened its headquarters in Tokyo. And even Burberry, which did not have much of a presence in Japan until 2015, is trying to establish itself in the country, according to the report.

Japan was the first among the Asian nations to adapt to high-end fashion. While China took over and is now the second-largest market after the United States, Japan still spends big money on luxury fashion.

Media reports suggest that Japan is back on the growth path and revenues from luxury goods sales are expected to rise annually by 5.17 per cent (CAGR) between 2023 and 2027. The revenue from the luxury market this year is estimated to amount to $30.49 billion, according to market and consumer data platform Statista.

Also read: Indian luxury brands: Can they attract global interest?

South Korea, setting the trend

Consumers in South Korea are the ones that are dictating fashion trends in Asia. They have emerged as the biggest spenders of personal luxury per capita, according to the investment bank Morgan Stanley. It is estimated that South Korean total spending on personal luxury goods grew 24 per cent in 2022 to $16.8 billion, or about $325 per capita. That’s far more than the $55 and $280 per capita spent by Chinese and American nationals, respectively, CNBC reports.

Italian luxury fashion house Moncler’s business “more than doubled” in the second quarter of 2022 compared with before the pandemic, and for Cartier-owner Richemont Group, sales grew by double digits in 2022 compared to a year ago, the report says.

In China, Prada’s retail business declined by seven per cent because of the lockdowns but the “strong performance in Korea and South East Asia” helped mitigate it.

The increase in purchasing power has led to a rise in the demand for exorbitant products in South Korea. “Appearance and financial success can resonate more with consumers in South Korea than in most other countries,” analysts wrote in the Morgan Stanley report.

Plus, the Koreans have no hesitation to flaunt what they have. CNBC quotes a McKinsey survey that found that only 22 per cent of Korean respondents consider showing off luxury goods to be in bad taste, compared with 45 per cent of Japanese and 38 per cent of Chinese.

The Chinese conundrum

The pandemic and the lockdowns slowed China down. But consumers, who could not travel, continued to spend on luxury goods at home. While there was a slump in overall Chinese retail sales, luxury goods sales registered growth.

Sales of personal luxury goods in mainland China rose by 36 per cent to 471 billion yuan ($73.59 billion) in 2021 from the prior year, according to consultancy Bain & Company’s annual report on the luxury sector.

However, 2022 did not bode well for the high-end Chinese consumer. Bloomberg Intelligence research estimated that China’s luxury goods market share could have halved in 2022 thanks to shuttered stores in the first half of the year and a reticence from customers to return to stores beyond the initial reopening euphoria, reports The New York Times.

But will the situation change now that China has opened up? High-end retailers are reluctant because the market is volatile. The possible economic slowdown is also playing on their minds.
It remains to be seen if the uncertainty in the country and the government’s call for “common prosperity” that seeks to reduce the yawning wealth gap in the country will influence the buying habits of its people, according to Bloomberg.

Also read: Why luxury brand Manolo Blahnik has waited 22 years to sell shoes in China

The future of luxury shopping

Before the pandemic, Chinese shoppers did not purchase luxury goods on the mainland because of higher prices. A larger part of the sales – 70 per cent – happened in Paris, London, Seoul and Hong Kong. And while China has now opened its borders, the surge in COVID-19 cases has made nations wary of Chinese travellers with many imposing visa restrictions.

“The return of the Chinese to Europe, where prices are lower, will take some time,” Luca Solca, senior research analyst at Bernstein, told Reuters.

So where does the Chinese luxury shopper go from here?

While luxury brands are keeping their options open, they are not turning a blind eye to China. In early January, as Beijing announced to loosen travel restrictions, share prices of luxury brands jumped.

The Lunar New Year is around the corner and everyone from Prada to Gucci is jumping on “The Year of the Rabbit” bandwagon. While there might be restrictions to travel overseas, there is no stopping them from flocking to the country’s local luxury destination, the tax-free island of Hainan.

In November last year, a study by Bain & Co said that Chinese shoppers will make up 40 per cent of luxury consumers by 2030. “China (and Chinese) are a fundamental growth driver in the long-term,” said Federica Levato, senior partner and EMEA Leader Fashion & Luxury at Bain & Co.

While Japan and South Korea are a sound bet, it looks like the Chinese luxury shopper is here to stay.

With inputs from agencies

Read all the Latest News, Trending NewsCricket News, Bollywood News,
India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

Also Read

[TRENDING]_$type=ticker$count=9$cols=4$cate=0$color=#0096a9$sp=3500

[RECENT]_$type=list$author=hide$comment=hide$va=0

Name

'Badhaai Do' movie,1,'The Kerala Story',2,'Zeeshan Maggie Point',1,"kerala story",1,@preganest,1,000 Reward,1,1.5K OLED Display,1,10 Million Instagram Followers,1,100W SuperVOOC Charging,1,120W charging,1,50MP Camera,1,67W Fast Charging,1,90s actress,1,AAP,1,Access to Diabetes Care,1,accident,3,Accountability,1,Actor Salman Khan,1,Actress Priyanka Chopra,1,Adobe Firefly,1,aerospace innovation,1,AI Chatbot,1,AI Features,1,AI image generators,1,AI Technology,1,Air Gestures,1,Air India,1,Air Quality,1,aircraft manufacturing,1,Al Nahyan royal family,1,Alia Bhatt,3,All-Round Performance,1,Allegation Credibility,1,alternatives,1,Amazon,2,Amazon Prime,1,ambassador recall,1,Ameesha Patel,1,Amit Shah,4,Android 14,3,Android 15,1,Android Features,1,Android Security Patch,1,Animal Movie,1,Ankita Lokhande,1,Annadhivas,1,Anthony Hopkins,1,anti-incumbency,1,anti-Muslim bias,1,Anurag Singh Thakur,1,Anushka Sharma,1,App Store,1,App-Based Taxis,1,Apple,1,Apple Supply Chain,1,Arakan Army,1,Arbaaz Khan,1,Arjun Tendulkar,1,Arshia Goswami,1,Article,4,Artistry,1,Arvind Kejriwal,1,ASUS Zenfone 11 Ultra,1,Atishi Marlena,1,Atlee Kumar,1,availability,2,aviation,1,aviation sector,1,Award Show Glamour,1,Ayesha Khan,1,Ayodhya,3,Ayodhya Ram Temple,1,Ayodhya Temple,2,Ayodhya Temple Trust,1,Ayodhya Temples.,1,Ayodhya Updates.,1,Ayushmann Khurrana,1,Bachelor Stars,1,back pain,1,Bageshwar Dham,1,Bail,1,bank holiday schedule,1,bank offers,1,Banking Sector,1,Barbed wire,1,Battery,1,BCCI,1,Beer Chugging,1,Ben Stokes,1,Bengal Elections,1,Bengaluru,1,Bengaluru.,1,BH registration,1,BH-Series,1,Bharat Jodo Nyay Yatra,1,Bhopal,3,Bhupesh Baghel,1,BIETC,1,Bigg Boss 17,1,Bigg Boss OTT,1,Bigg Boss OTT 2,1,Bihar politics,1,Bike Rider Agastya Chauhan,1,Biocon Ltd,1,birthday,2,BJP,8,Blockbuster,1,Bobby Deol,1,Bobby Deol Viral Video,1,bodyguard missbehave,1,BOE screen.,1,Boeing,2,Bold Fashion Choices,1,Bollywood,5,Bollywood Actor,1,Bollywood Actor MP,1,Bollywood Couple,1,Bollywood Diwali,1,Bollywood Journey,1,Bollywood Stars,1,Bollywood Success Party,1,border tensions,1,borrowing,1,Box Office Collection,1,Box Office Triumph,1,Boxing Champion Mary Kom,1,Brampton,1,bribery allegations,1,BS Yediyurappa,2,Budget Phones,1,budget.,1,Bundelkhand,1,Business,25,BY Vijayendra,1,CAA,1,CAA eligibility,1,CAA Implementation,1,CAIT,1,Camera,1,camera details,1,Camera Enhancements,1,Camera Phones,1,camera setup,2,Cameras,1,Canara Bank Fraud,1,candidate selection,1,Canva Magic Media,1,Career,1,Career Growth,1,Career Setbacks,1,cars,1,Cash Donations,1,Cash for Query Case,1,CBRI,1,CCTV Footage,2,Celebrations,1,Celebrity Celebration.,1,Celebrity Celebrations,1,Celebrity Controversy,1,Celebrity Divorce,1,Celebrity Diwali,1,Celebrity Fashion,1,Celebrity Milestones,1,Celebrity News,1,Celebrity Photo.,1,Celebrity Privacy,1,Central Agencies,1,Ceremonial Preparations,1,Chandrakant Sompura,1,charity match,1,Chhatarpur,1,Chhattisgarh Election,1,childhood memories,1,China,1,China Launch,1,Chinese Stocks,1,Chirag Paswan,1,Christians,1,Christmas Date Night,1,Citizenship Amendment Act,3,Civilian Transition,1,CM Shivraj Singh Chouhan,6,codecanyon,3,Cold Wave,1,Color Options,1,Comedian,1,Comparison,1,Compassionate Release,1,conflict,1,Congress,5,Congress MLA Omkar Singh Markam,1,Connectivity,1,Consecration Ceremony,1,constitutionality,1,Construction Engineering,1,Consumer Protection,1,Contenders,1,content regulation,1,Contraception,1,Controversial Movie,1,converting to Islam,1,Core i9-14900KS,1,Corning India,1,Counterclaims,1,couples goal,1,Court Proceedings,1,creativity,1,Cricket,3,cricket comeback,1,cricket legends.,1,Cricket Setback,1,Cricket Trades,1,Crime news,1,Crime-solving,1,Criminal Identification.,1,Cultural Shift,1,Czech court,1,Dakota Johnson,1,Dance Tribute,1,Dance Video,1,DDR5 RAM,1,Deadlifts 60 kg,1,Deceptive Trade Practices,1,Dedication,1,Deendayal Antyodaya Rasoi Kendras,1,Deepika Padukone,2,Defamatory Posters,1,defense personnel,1,Delhi,1,Delhi airport,1,Delhi Chief Minister,1,Delhi Excise Policy,1,Delhi Fire Service,1,Delhi metro,1,Delhi Police,2,Delhi Pollution,2,Delhi Schools,1,Design,1,Design Renders,1,Desktop PCs,1,Development,1,Development Scheme,1,Devotees,2,Dhanteras,1,Dhanteras 2023,1,Dharmapuri.,1,Dharmendra,1,Dhirendra Shastri,2,Diabetes Awareness,1,Diabetes Epidemic,1,Diabetes Prevention,1,Diamond jewelry,1,Diesel Vehicles,1,Dietary Improvement,1,digital art,1,Digital Reconstruction,1,Diplomacy,1,disappearance,1,Disastrous Plastic Surgeries,1,discounts,1,District hospitals,1,Divorce,1,Diwali 2023,4,Diwali a National Holiday,1,Diwali Announcement,1,Diwali bank holidays,1,Diwali Celebration,1,Diwali deal,1,Diwali Gift,1,Diwali Moments,1,Diwali offers,1,documentation,1,Domestic Cricket,1,Donald Trump,1,Donatella Versace,1,DPR,4,drunk driving,1,Dubai woman,1,Durability.,1,early signs,1,Earnings Growth,1,Earthquake-Resistant Design,1,Edge 50 Pro,1,Education / Employment,3,Eid Party,1,Eight-Year-Old,1,Election Commission,4,Election Commission Data,1,Election Dynamics,1,Election Promises,1,election year,1,Elections 2024,2,Electoral Bonds,5,electoral process,1,electoral reform,1,electoral strategy,1,emotional moment,1,Emotional Plea,1,Enchanting Moments,1,Enforcement Directorate,1,Engagement Ceremony,1,England Cricket,1,England Squad,1,Entertainment,27,Entertainment News,4,Entertainment News.,8,Environment,1,Environmental Measures,1,Epic Games,1,Equality in Cricket,1,event,1,event management,1,Exercise,1,Expert Recommendations,1,external payments,1,extradition,1,Exynos 1480,1,Facial Recognition,1,Family Celebration,1,Family Challenges,1,Family Court.,1,Family Planning,1,Fan Frenzy,1,Fan Reactions,1,Fan Reactions.,1,Fashion,1,Fatal Crash,1,Father-Daughter Success,1,Features,4,Female Engineer Uber Driver,1,Fenty,1,Festival Tradition,1,Festive deals,1,Fighter Track,1,Film 'Kisi Ka Bhai Kisi Ki Jaan',1,Film Earnings,1,Film Trends.,1,Filmfare Awards 2023,1,Filmy Proposal,1,Finance Minister Nirmala Sitharaman,1,Financial Assistance,1,Financial Benefits,1,financial transactions,1,Fire Incidents,1,Firecrackers,1,Fireworks,1,first water metro,1,fiscal deficit,1,Fitness Tips,1,Flipkart,1,foldable phone,2,Food,2,Foreign Policy,1,Frantic Search.,1,freak accident,1,free earbuds,1,free food grain scheme,1,Funtouch OS 14,1,Future Gaming,1,Gadar 2 Success,1,Gajakesari Rajyoga,1,Galaxy Z Flip 6,1,Gaming,1,Gaming Industry,1,Geekbench listing,1,Geeta Colony Murder,1,Gemini,2,Gemini AI,1,Gender Equality,1,geopolitical crisis.,1,Geopolitics,1,Ghazipur market,1,Global Cinema,1,Global Health,1,global investments,1,global launch,1,Global Market Outlook.,1,Goa,1,Gold savings,1,Goldman Sachs,1,Google Assistant,1,Google Bard,1,Google Gemini,1,Google I/O 2024,1,Google Services,1,GOP Nomination,1,Gorilla Glass Manufacturing,1,governance efficiency,1,Government,1,Government action,1,government employees,1,Government spending,1,Govinda,1,Graphics,1,Griha Lakshmi Yojana,1,Hadaka Matsuri,1,Hailstorm Warning,1,Hakuto-R,1,Halka Bhoa Outcry,1,Hanuman Symbolism,1,Hard Work,1,Hardik Pandya,1,Health Crisis,1,Health Insurance Deductions,1,health sector,1,Healthcare Awareness.,1,Healthy Lifestyle,1,Hegadadevana Kote,1,Heritage Architecture,1,Hero,1,high-level committee,1,Hilarious Act,1,Hindu Heritage.,1,Hinduism,1,Historic Revival,1,Holiday Love Stories,1,Hollywood Icons,1,Home Loan Benefits,1,Homecoming,1,Honeymoon Change,1,Hong Kong,1,House Fire,1,How-to Guide,1,Hrithik Roshan,1,Hyderabad,2,iconic career.,1,IIFA 2023,1,IIT Indore,1,Immigration Policy,1,in-app purchases,1,Inauguration,1,Income Tax Relief,1,India,11,INDIA Bloc,1,India news,5174,India News https://news24online.com/category/india/,20,India Politics,1,India Test Series,1,India's Richest,1,Indian Actress,1,Indian festivals,1,Indian Government,1,Indian Lottery Industry,1,Indian media,1,Indian Muslim,1,Indian news,33,Indian Ocean Region,1,Indian politics,5,Indian Premier League,1,Indian road tax,1,Indian Shares,1,Indian-Origin,1,Indore,3,Indore court,1,Infrastructure Projects,1,Innovative Fashion,1,Instagram,1,Instagram Celebration,1,instragram,1,Insulin Discovery,1,Intel,1,Interim Budget Presentation,1,international relations,1,investigation,3,Investment Opportunities,1,IPL,1,IPL 2023,2,iQOO Neo 9 Pro,2,Iran,1,Isha Malviya,1,ISRO Technologies,1,IT,1,IT Act violations,1,Jagadguru Rambhadracharya,1,Jagadish Shettar,1,Jagannath Puri Rath Yatra,1,Jairam Ramesh,1,Jammu and Kashmir,1,Japan,1,Jason Roy,1,Jenna Rizzo,1,Jet Airways Founder,1,Jewelry discounts,1,Jiah Khan,1,Job,1,Joy Awards 2024,1,Judicial Response,1,Justice Minister Pavel Blazek,1,Kamal Nath,1,Kamasutra,1,Kanya Vivah-Nikah Yojana,1,Karan Kundra,1,Kareena Kapoor,1,Karnataka,2,Karnataka Assembly Election,1,Karnataka Politics,1,Katrina Kaif,1,Kevin Costner,1,Khalistani terrorist,1,Kiara Advani,1,Kidney failure,1,kidney health,1,kidney issues,1,kidney symptoms,1,Kiran Mazumdar-Shaw,1,Kissing Photos,1,KL Rahul.,1,Kochi,1,Konomiya Shrine,1,Krishna Priya,1,Krishna Shila,1,Kupwara,1,Latest news,1,launch date,2,Launch Event,1,leak,2,leaked design,1,Leaked Video,1,leaks,1,legal battle.,2,legal inquiry,1,Legal Scrutiny,1,Legal Updates.,1,Lekhpal Recruitment,1,Life Changing tips,1,Lifestyle,13,Lifstyle,1,Limitations,1,Liquor Scam,1,Localized iPhone Production,1,Lock Screen,1,Lok Janshakti Party,1,Lok Sabha,1,Lok Sabha elections,1,Lok Sabha Ethics Committee,1,loss of cat,1,Love Jihad,1,Love Story,1,Lucknow,1,Lucky Zodiac Signs,1,Luxury Car,1,Maa Kali',1,Madhya Pradesh,24,Mahakal lok,1,Mahakaleshwar temple,1,Maharashtra housing project,1,Mahatma Gandhi,1,Mahtari Vandan Yojana,1,Mahua Moitra,1,main,19,Make in India,2,Malaysia Airlines,1,Maldives,1,Mamata Banerjee,1,Man naked and garlanded with shoes,1,Manchester City FC,1,Manisha Rani,2,Mantralya,1,Marble Idol,1,Marital Discord,1,Mark Wahlberg,1,Market Trends,1,Marriage Announcement,1,Marriage Dispute,1,Mata Sharda Temple,1,Material Happiness,1,MediaTek Dimensity 7050,1,medical attention.,1,Megha Engineering,1,Men wearing skirt,1,Menstrual Hygiene Day 2023,1,Mercedes CLA 200,1,Meteorological Alert.,1,Meteorological Department,1,Metro Station,1,Mexican Giant Turtle,1,MH370,1,MI Cape Town,1,Microsoft Copilot,1,Mid-range Phones,1,mid-range smartphones,1,Milind Deora,1,Military to Civilian,1,Ministry of I&B,1,Minority Rights,1,Mir,1,missile strikes,1,Missing Child,1,Missing Posters Protest,1,MIT,1,Mizoram,1,Mizoram Chief Minister,1,MK Stalin,1,mob justice,1,Mobile Devices,1,mobile phone,1,Modern Science,1,modular kitchens,1,Money Laundering,1,Monkey Visit,1,Moon,1,Motherboard Compatibility,1,Motorola,1,Movie Premiere,1,MP Election 2023,1,MP Weather Update,2,multi-state travel,1,Multi-Vehicle Collision,1,Multitasking,1,Mumbai,2,Mumbai Party,1,Munawwar Farooqui,1,Murder Investigation,1,Muslims,1,Muttiah Muralitharan,1,Myanmar soldiers,1,Narendra Modi,4,Narendra Modi.,1,Naresh Goyal,1,Narzo 70 Pro 5G,1,National,162,National Paper Airplane Day 2023,1,national security,2,Navlakha,1,NDA alliance,1,Neelam Kothari,1,Netflix Romantic Movies,1,Netherlands,1,New Education Policy,1,New Hampshire Primary,1,Newlands,1,News,1,Nicholas Sparks Adaptation,1,Nick Jonas,1,NightCafe,1,Nikhil Gupta,1,Nikki Haley,1,Nitish Kumar,1,Non-Sporting Obstacle.,1,North India,1,Northeastern Council.,1,Northeastern University,1,nostalgic clash,1,Nothing Phone (1),1,Nothing Phone (2),1,Notice.,1,obscene content,1,ocean trench,1,ODI Wicket,1,Ola,1,On-Screen Parents,1,One Nation One Election,2,One Nation One Number Plate,1,One World One Family Cup,1,OnePlus,1,OnePlus 11 5G,1,OnePlus 12R,2,OnePlus Ace 3V,1,OnePlus Nord 4,1,Online Community,1,Online Security,1,Online Shopping,1,Ontario,1,Ontario Fire Marshal,1,Opposition,3,opposition members,1,Opposition Unity,1,Orange Alert,1,Osho,1,OTT platforms,1,OTT Romantic Films,1,OxygenOS Update,1,P Pitchi Reddy,1,Paarl Royals,1,Pakistan,1,Pakistani Actress,1,palace,1,Paramilitary Forces,1,Parental Gratitude,1,Parenthood,1,Parsis,1,Peel Police,1,Pennsylvania,1,persecution,1,Personal Life Controversies,1,pet parrots,1,Phot.AI,1,pilot theory,1,Pixel 8a,1,plants mango saplings,1,Player Retention,1,PM Awas Yojana.,1,PM Modi,2,PM Narendra Modi,3,PMAY-Urban,1,POCSO Act,1,police intervention,1,Political Alliances.,1,political analysis,1,Political Donations,2,Political Funding,4,Political Maneuvering.,1,Political Motives,1,Political Setback,1,politics,17,politics of lies,1,Pollution Crisis,1,Pradeep Mishra,1,Pran Pratishtha,2,Pran-Prathistha,1,Praveen Kumar,1,Premium Mid-Range,1,Premium Phones,1,President Muizzu,1,Presidential Race Developments.,1,price,4,pricing,1,Privacy,1,Privacy Breach,1,private companies,1,private jets,1,Priyanka Chopra,1,Processor,1,Profession,1,Prosperity,1,PTI – The Siasat Daily,3,Quick-Change Style,1,Rachit Agarwal,1,Rahul Gandhi,1,Rain Alert,1,Ram Lalla,2,Ram Lalla Idol,1,Ram Nath Kovind,1,Ram Temple,2,Ramayana,1,Ramlala Consecration,1,Ramoji Film City,1,Ranbir Kapoor,2,Rashid rover,1,Raynagar Housing Society,1,Reality TV,1,Realme,1,Realme 12 Pro,1,Realme GT 5 Pro,1,Realme Narzo N53,1,record-breaking century,1,Regional Holidays,1,regional stability,2,regional variations,1,relationships,1,Religious,1,Religious Freedom,1,Religious Significance,1,renewable energy sector,1,repatriation,1,Rescue Operations,1,Reserve Bank of India,1,Resignation Timing,1,Reunion,1,Revival Efforts,1,rib pain,1,Ritual Modifications.,1,Rituals,1,road safety,1,Romance Movies,1,Romantic Classics,1,Romantic Moments,1,Romantic Photos,1,Royal deaths,1,Rs 1000 Crore Investment,1,Rs 50,1,Rs 70 lakh,1,Rumors,1,Russia Ukraine ongoing conflict,1,Ryan Rickelton.,1,Sachin Tendulkar,1,Sadar Bazaar,1,Safety Measures.,1,safety protocols,1,Sagar,1,Sagittarius,1,Sai Pallavi,1,salman khan,5,Samsung,1,Samsung Galaxy A55,2,Sana Javed,1,Sana Raees Khan,1,Sanatan Dharma,1,Sanctum Sanctorum,1,Sania Mirza,1,Santiago Martin,2,Sara Tendulkar,1,Sardar Vallabhbhai Patel Park,1,Saree Look,1,Saryu Water,1,School Closure,1,Sculpture,1,search efforts,1,Seat-sharing Dispute,1,Section 80C Limit,1,Security,1,security meeting,1,Severe Cold Wave,1,Sex Education,1,Sexual Assault Allegations,1,Sexual Health,1,Shah Rukh Khan,1,Shah Rukh Khan's Airport Video goes viral,1,Shalini's Unconventional Divorce Photoshoot,1,Sheikh Mohamed bin Zayed Al Nahyan,1,Shiv Sena,1,Shoaib Bashir,1,Shoaib Malik,1,Shri Ram Mandir Ayodhya Prasad,1,Shubam Gill,1,Shubham Gill,1,Shura Khan,1,Sidharth Malhotra.,1,silver jubilee event,1,Simon Hardy,1,simultaneous polls,1,Sir Frederick Banting,1,Six-month-old Infant Dies,1,Sleep Health,1,smartphone,4,Smartphone Cost Reduction,1,Smartphone Launch,2,Smartphone Leaks,1,Smartphone Photography,1,smartphone specifications,1,Snapdragon 6 Gen 1,1,Snapdragon 7+ Gen 3,1,Snapdragon 8 Gen 2,1,Snapdragon 8 Gen 3,3,Snapdragon processor,1,Snapdragon processor.,1,Social Dynamics,1,social media,3,Social Media Appeal,1,Social Media Backlash,1,Social Media Buzz.,1,Social Media Reactions,1,Social Media Sensation,1,Social Media Viral,1,Societal Taboos,1,Solapur,1,Sooraj Pancholi,1,South Actresses,1,South Africa,1,South Indian Actress,1,South Indian Cinema,1,South Indian Comedian,1,SpaceX.,1,specifications,8,Specs,2,Spending husband's money,1,Spiritual Events.,1,Spiritual Insights,1,Sports,21,Spotify,1,Star-Studded Celebration,1,State Bank of India,1,state elections,1,STEM,1,stomach pain,1,storage options,1,Strained Ties.,1,streaming platforms,1,Structural Growth,1,Structural Integrity,1,subsidies,1,Success Story,1,Sukanya Programme,1,Summer Body,1,Summer Season,1,Sunny Deol Controversy,1,Sunny Deol Neglect Allegations,1,Supreme Court,4,Sushant Singh Rajput,1,Sushmita Sen,1,Suspicious Circumstances,1,Swag.,1,Swara Bhaskar,1,System Stability,1,T20,1,T20 World Cup,1,Tabu,1,Tahira Kashyap,1,Tamil Nadu,1,Tamil Nadu Facility,1,Tarek Fatah,1,target seats,1,Taurus,1,tax collection,1,taxi accident,1,Taxpayer Expectations,1,Tech,23,tech industry,1,Tech News,17,Technology,1,Technology Conference,1,Tejasswi Prakash,1,Temperature Fluctuations,1,Temple Construction.,1,Temples,1,Tennis,1,Tensions,1,Theater Chaos,1,Thomas Kaber,1,Thoppur Ghat,1,Tiger 3,2,Tilak Nagar,1,timing,1,Timing of FIR,1,Tips,1,Top jewelers.,1,Toronto Police,1,Torrential Rain.,1,Tragedy,1,tragic incident.,1,transaction fees,1,Transparency,2,Transport Department,1,Trending,4,Trinamool Congress,2,Trump-Biden Rematch,1,tweet,1,UAE,1,Uber,1,Ujjain,1,Ukraine Defence Ministry,1,Unconventional Style,1,Union Budget 2024-25,1,Union Home Minister,1,University of Glasgow,1,Upcoming Projects.,1,Update,1,Upgrades,1,urban housing,1,Urfi Javed,1,US,1,US Concerns,1,US murder plot,1,US Presidential Polls 2024,1,US-Canada Border,1,US-India relations,1,US-India Visa,1,Use Cases,1,Uttar Pradesh,2,Vaastu Shanti,1,Varanasi,1,Varushka Khurrana,1,vehicle registration.,1,Vicky Jain,1,Vicky Kaushal,1,video footage,1,video viral,2,Viral Content,1,Viral Fashion Video,1,Viral Moment,1,Viral Moments.,1,Viral news,1,Viral Sensation,1,Viral Sexy Video,2,viral video,4,Virat Kohli,1,Virat Kohli and Gautam Gambhir,2,Visa Issue,1,Vistex CEO,1,Vivo V23,1,Vivo V30e,1,Vivo X Fold 3,1,Water crisis,1,wealth,2,Weather Forecast,1,Weather Impact,1,Weather Update,1,Wedding Anniversary,1,Wedding Bliss,1,Weight Loss,1,WiFi,1,Wildlife,1,Winter Break Extension,1,Wired Food Combinations,1,Women Empowerment,1,Women's Participation,1,World Diabetes Day,1,World News,2209,youth,1,Youth Inspiration.,1,youtuber,1,
ltr
item
The Luxury Life: Are big brands Louis Vuitton, Dior picking Japan, South Korea over China?
The Luxury Life: Are big brands Louis Vuitton, Dior picking Japan, South Korea over China?
https://images.firstpost.com/wp-content/uploads/2023/01/china-luxury-market-graphic.jpg
ASE News
https://www.asenews.page/2023/01/the-luxury-life-are-big-brands-louis.html
https://www.asenews.page/
https://www.asenews.page/
https://www.asenews.page/2023/01/the-luxury-life-are-big-brands-louis.html
true
8343353446356446311
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content