Porsche stays steadfast amid rise of startups

Detlev von Platen, a member of the executive board of Porsche for sales and marketing. [Photo/China Daily] Luxury is not something that comes quickly as it involves credibility, said a senior executive of German sports carmaker Porsche. “One word for defining luxury is credibility, which means ‘are you authentic to what you are saying’. This … Continue reading Porsche stays steadfast amid rise of startups

Nike’s Jordan enjoys above-rim revenue in nation on rising demand

The landscape of sportswear has evolved, with more brands venturing into the realm of luxury. This shift is a response to the rising demand for high-quality, stylish athletic apparel and footwear. The trend’s recent example is the opening on March 23 of World of Flight, a top-end retail concept of the Jordan Brand — a … Continue reading Nike’s Jordan enjoys above-rim revenue in nation on rising demand