Can Laopu become the Cartier of China?
The Chinese jewellery brand dubbed ‘the Hermès of gold’ has gained traction with middle- and upper-class shoppers seeking homegrown luxury
The Chinese jewellery brand dubbed ‘the Hermès of gold’ has gained traction with middle- and upper-class shoppers seeking homegrown luxury

High prices and a new tax regime have deterred buyers and led to hundreds of store closures

Low-cost domestic producers of prized delicacies are replacing imports and breaking into global markets

Louis Vuitton’s cruise liner installation is drawing crowds, but a lasting sector recovery remains elusive

With the US destroying its own credibility, the opportunity is Beijing’s for the taking

The coffee chain is coming after Starbucks but its business model is not easily replicated across the Pacific

The country is taking a huge bite out of the European and US market with ever-growing production of luxury foods