Posts found in 'Business & Finance'
Chinese luxury consumers are not only the world's largest-spending group, but also the most enthusiastic about luxury, finds a new Bain report.
Chinese consumers will focus on "real quality and real stories rather than luxury, flamboyance, and ostentatious spending” in the coming year, predicts one marketing expert in a new Thoughtful China video.
Although Chinese New Year luxury sales growth slowed, consumer-oriented sectors still saw strong sales during the high-spending holiday period.
According to new data released by search engine Baidu, "price" is the most common search term for online luxury searches thanks to China's high tariffs.
When it comes to luxury shopping, Shanghai residents buy more and spend more than New Yorkers, finds a new report.