The world's luxury market is expected to be five times greater by 2025, compared to that in 19995, according to a latest report conducted by research firm Bain & Company.
Prada's brand value has risen 63 per cent year-on-year, according to a report by research company Millward Brown, which polls more than 200 million consumers from 43 different countries annually.
French luxury brand Dior Homme has launched its first runway show, which was a reprisal of the brand's recent Paris event, in late April at the Museum of the Central Academy of Fine Arts in Beijing.
L Capital, private equity fund backed by LVMH, has made its second investment in Australia after purchasing shares in bushwear firm R.M Williams to help the brand to further its global expansion in the luxury sector, sources reported.
