China

Hermès Denies ‘Peihuo’ Claims, Opens New Production Facility

Earlier this week, luxury French house Hermès announced the official opening of

Gucci Embraces E-Commerce in China

Last week, Gucci took a big tech-savvy step: the brand launched its

Luxury in the Age of Millennials

The luxury market is finally on the right track for growth…but can it evolve to suit Millennial and Gen-Z consumers?

Trump, Luxury and China

The results of election day came as a surprise to a lot of Americans. How will Trump’s presidency impact the luxury market and trade with China?

Luxury 2016: The Year of the Struggle

2016 is going to be another challenging year for the luxury market. Read about the issues causing the downfall in our latest financial feature.

Luxury Market Expected to Bottom Out This Year

Why does luxury spending expect to hit all time lows this year?

Hermes Reports Lowest Growth in Six Years

Hermes Reports Lowest Growth in Six Years

Hermes Stands Strong in a Declining Luxury Economy

A detailed look at Hermes strategy in a waining luxury economy. Hermes CEO Axel Dumas speaks out.

Luxury Market Expects Weakest Year Since Lehman Crash

2015 is forecasted to be the luxury market’s weakest year since the Lehman Crash – see why in PurseBop’s latest financial feature!

Chinese Spending Shifts Cause Turmoil for Burberry

PurseBop is here to keep you up-to-date with the latest news in finance. See how Chinese spending shifts have caused a decline at Burberry.

Hermes Still Confident Despite Chinese Economic Downturn

Hermes CEO Axel Dumas speaks out in light of the Asian economic shift.

China Woes Weigh Heavy on Luxury Market

China’s economic decline spells trouble for luxury retailers like Hermes, Chanel and Prada. Luxury brands have come to rely on Chinese shoppers, now what?

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