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The share price of a number of European luxury groups fell sharply on October 4 after online reports of more stringent border checks on Chinese travellers bringing items into the country.
Balancing luxury design and cutting-edge engineering, the U.S. headquartered information technology solutions manufacturer announced a new Windows 10 laptop that aims to “reinvent the PCs”, and features 100% chrome tanned, full-grain leather.
Walpole, the official body for the UK luxury industry, has issued an appeal to the UK government to negotiate a “pro-business” exit from the European Union (Brexit) in order to safeguard the future of this sector.
The luxury French brand has already updated the prices on its Chinese e-commerce platform and across its physical stores.
Once upon a time the meaning of luxury was part aspiration, part exclusivity and part too expensive for most to afford.
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