Posts found in 'Business & Finance'


China’s Luxury Shoppers Spent 28 Percent More Online in 2015

Even as mainland China's luxury market slows, a new study finds that e-commerce sales are still rapidly growing as consumers are increasingly willing to make big-ticket purchases online.

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Despite Economic Slowdown, China’s Outbound Tourists to Reach 242 Million by 2024

Slowing economic growth won't stop Chinese travelers from heading abroad at a rapidly rising rate.

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2015 agenda cover 620x414

Event Watch: Luxury Interactive Europe 2015

Join a high-caliber list of speakers from companies like Net-a-Porter, Christie's, and Aston Martin in London to learn how to take luxury branding to the next level through technology.

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Xiao Wen Ju in Bergdorf Goodman's magazine. (Courtesy Photo)

Mainland China’s Millennials Spend Almost Twice as Much on Luxury as Asian Peers

Young fashionistas in South Korea and Hong Kong may love to shop, but no one in Asia comes close to Chinese millennials' luxury spending levels.

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A Chinese travel group takes a photo in Belgium. (Shutterstock)

Report: Outbound Chinese Traveler Spending to Hit $422 Billion

Despite China's economic troubles, a new report says that Chinese traveler spending is set to double within the next five years.

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