The luxury outlook in China just keeps getting worse

Tech Insider
Dior Hong Kong
China's luxury sales are tumbling as wary consumers spend less at home and more in Japan.

Serene Lee/Getty Images

LVMH is waiting for China's consumers to shop at home

Tech Insider : Economy
Customers are lined up outside a Louis Vuitton store.
Louis Vuitton stores in China have lost ground to their Japanese counterparts from a weaker yen.

Zhang Peng/LightRocket/Getty Images

Japan is fast becoming the hottest market for luxury brands

Tech Insider
people queuing outside the Dior store in Tokyo
Tourists are flocking to Japan to take advantage of its currency downturn, buying luxury goods for less.

Tomohiro Ohsumi/Getty Images

The one place IRL still matters: luxury shopping

Tech Insider
Store clerk handing over a luxury golden shopping bag to a shopper
E-commerce has eaten everything ... except ultra-luxe.

Getty Images; Alyssa Powell/BI

China's consumers aren't buying stuff, but it's not because they're broke

Tech Insider : Economy, Economy
A staff member holds a board advertising a sale while waiting for customers at the entrance of a clothing store in Beijing.
Chinese retailers are increasingly trying to entice customers in with discounts.

Wang Zhao/AFP/Getty Images

Luxury brands are slashing prices in China

Tech Insider
Photo of someone wearing a Balenciaga Hourglass bag
Brands like Balenciaga and Marc Jacobs have discounted products on Alibaba's upscale e-commerce platform Tmall Luxury Pavilion.

Edward Berthelot/Getty Images

Billionaires and millionaires at Sun Valley showed off the must-have accessory of the summer: colorful sunglasses

Tech Insider : Style
A side-by-side of Diane Von Furstenberg holding hands with Barry Diller and Oprah Winfrey smiling.
Colorful sunglasses were the hit accessory of the 2024 Sun Valley Conference.

Kevork Djansezian/Getty Images

A couple in their 20s converted 11 camper vans before building their dream one. Take a look inside the $127,000 Ram ProMaster.

Tech Insider : Travel, Travel
Side-by-side images of Scarlett and Seth Eskelund and their $127,000 van.
Side-by-side images of Scarlett and Seth Eskelund and their $127,000 van.

Scarlett and Seth Eskelund

Asia's wedding of the year is seriously annoying locals in Mumbai

Tech Insider
Light decorations around the Ambani family's residence in Mumbai
Decorations around the Ambani family's residence in Mumbai, India, ahead of the wedding of Anant Ambani.

Bhushan Koyande/Hindustan Times via Getty Images

Behind the scenes of billionaire Indian weddings: Hired 'shadows,' phone bans, and a circus master to lead the chaos

Tech Insider
Indian wedding decor and bride and groom hug
Indian wedding planners said this week's Ambani wedding is already setting trends.

Nishita Aggarwal, The Event Designer

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