Posts found in 'Business & Finance'

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Sotheby’s Hong Kong Defies China Luxury Slowdown with Strong Auction Season Start

Sotheby's sees strong sales results at its Modern and Contemporary Asian Art Evening Sale in Hong Kong, showing that China's art market may be on its way back from a 2015 slump.

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China’s Mall Developers Press on as Luxury Grapples with Slowdown

With a focus on Shanghai and Shenzhen, developers are continuing to grow the amount of retail supply in China, challenging landlords to bring in quality brands and entertainment to liven up all the excess space.

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Luxury Fashion and Jewelry Brands Dive Into China’s Hospitality and Real Estate Sectors

Luxury brands including Bulgari, Armani, and Versace are counting on domestic Chinese tourism as they expand their high-end hotel and real estate ventures across Greater China.

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Chinese consumers are increasingly willing to spend on health, travel, spas, and leisure activities as incomes increase. (Shutterstock)

China’s Consumers Shift Focus to Health and Leisure Spending as They Get Richer

As incomes rise, Chinese consumers are increasingly interested in spending on health-related products and experiences such as travel, spas, and entertainment.

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One segment of China's luxury consumers still loves bling, while others have different preferences. (Facebook/Chanel)

Why ‘Bling’ Isn’t Dead in China’s Luxury Market

While many Chinese luxury consumers are rejecting ostentatious displays of wealth, some segments are still all about bling as the market diversifies.

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