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Chinese Travelers Spend 32% More in Asia as Europe Tourism Hurt by Attacks

Many outbound Chinese tourists opted to stay in Asia in the first quarter of this year as attacks in...
Hermès invested in Shang Xia to cater to demand for Chinese-branded luxury. (Facebook/Shang Xia)

Are Chinese Elements Actually Important For Reaching China’s Luxury Consumers?

A recent report finds that 55 percent of mainland Chinese luxury consumers prefer to buy items with ...
A Saint Laurent store in Shanghai. (Shutterstock)

Survey: Burberry and Saint Laurent Win with Chinese Millennials

A new survey by UBS finds that Chinese millennials' luxury preferences have key differences from tho...
A Hermes store in Shanghai. (Shutterstock)

China’s Affluent Spend More on Experiences While Luxury Shopping Remains ‘Steady’

According to Ruder Finn's annual China Luxury Forecast, more Chinese consumers plan to increase thei...
Members of China's younger generation are expected to see a spending growth rate that is twice as high as the older generation. (Shutterstock)

China’s Younger Generation Set to Spend Big While Parents Stay ‘Frugal’

A recent study by Boston Consulting Group predicts that those in China under the age of 35 will see ...
A Louis Vuitton store in Shanghai. (Shutterstock)

Luxury Retailers Scale Back China Brick-and-Mortar Expansion in 2016

A new survey finds that 94 percent of retailers now have a "moderate" attitude toward store expansio...
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