HONG KONG — Luxury brands are turning to China with aggressive digital campaigns in hopes of boosting revenue as the coronavirus pandemic paralyzes international travel and keeps brick-and-mortar shops shuttered. In the past few months alone dozens of brands — including Cartier, Montblanc and Prada — have set up online […]
Luxury
Expats flee Bali as virus crashes Asia’s top luxury villa market
DENPASAR — With a private pool, walled tropical gardens and a large terrace overlooking a lush green river valley in central Bali, Kadek Wisana’s three-bedroom villa usually goes for $100 a night. Now Wisana has slashed the rent to $400 a month and still he can’t find tenants, with over […]
In India’s slums, social distancing is a luxury that can’t be afforded
MUMBAI — Although India enacted the world’s biggest lockdown five weeks ago, the country’s heavily concentrated slums remain potential breeding grounds for the novel coronavirus, putting millions who cannot afford to socially distance at risk. Dharavi, the country’s largest slum in the heart of Mumbai, sparked a media sensation with its first reported […]
Luxury brands bid adieu to Hong Kong amid coronavirus and unrest
HONG KONG — Causeway Bay, the heart of Hong Kong’s retail landscape and the world’s priciest shopping district by rent, was eerily quiet at noon on Thursday. In an area usually swarming with tourists, shop staffers sat idle, fiddling with their smartphones. The Times Square shopping center was a ghost town, […]