China road rage woman claims husband is national footballer, threatens other driver saying he can ‘kick you to death’ while victim records ordeal on phoneSHANGHAI: Sipping champagne and nibbling fried dumplings, Shanghai's rich and influential posed by Louis Vuitton signs at a runway afterparty -- a lavish affair designed to win customers in China 's crucial market.
"Gucci will... not be alone here as other brands have also been feeling the pinch from China's domestic spending," Fflur Roberts, head of luxury at Euromonitor International, told AFP. Hollywood A-listers Cate Blanchett and Jennifer Connelly strode down the runway to their seats before the show began, as did Chinese megastars and brand ambassadors Liu Yifei and Jackson Wang.
Prada and Hermes's first quarter results both beat analysts' expectations, posting 18 and 17 percent rises in sales, respectively. "There is a significant shift towards experiential luxury rather than luxury goods," said Nan of Jing Daily.
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