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Bain: China’s Luxury Market Reverses Decline With 2% Growth

After two years of negative growth, mainland China luxury sales are finally set to return to an upsw...
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China’s Luxury Travel Market in 2025: Slower Growth Rate Will Still be World’s Largest

A recent report that looks at global high-end tourism trends says hospitality brands will need to ta...
loyalty

Study: 89% of Chinese Consumers Say Loyalty Programs Increase Their Spending

While brands are seeing waning interest in loyalty programs in Europe, a new study says the CRM tool...
The Waldorf Astoria in New York was purchased by Chinese company Anbang Insurance in 2015. (Shutterstock)

China’s Rich to Buy $218 Billion Worth of U.S. Real Estate by 2020

A new Asia Society report finds that massive Chinese investment in U.S. real estate is only set to g...
A chart by McKinsey detailing survey results on WeChat usage for shopping in China. (McKinsey)

China’s Mobile Shoppers Make More ‘Impulse’ Buys on WeChat

As the rate of WeChat users who shop over the app doubles, "impulse-driven" categories are seeing th...
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What Luxury Can Learn from Beauty Brands About Engaging Consumers on WeChat

A new L2 report details which beauty brands are excelling at reaching Chinese consumers on WeChat wi...
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