Top-tier labels are shuttering stores in China’s lower-tier cities amid a market slowdown, shifting focus to flagship investments in top-tier hubs as consumer priorities evolve.

Dubbed “ No buy 2025 ” (不买2025), the anti-consumerist, money-saving pledge sees participants curb non-essential purchases, swearing off new clothes, shoes, accessories, home décor, and most notably ...

In luxury, context is never neutral. It either enhances a brand or undermines it. The environment where a brand appears speaks volumes, setting the tone and shaping perception. And in this industry, ...