Search Results: "second-tier"
China’s Luxury Car Market Shake-Up: Second-Tier Brands Are Gaining Ground
As China is on track to become the largest luxury car market in the world, the fight to capture the growth opportunities is already getting brutal. Read More
Hermès to Debut Store in Second-Tier Chinese City to Meet Surging Demand
With sales in Greater China on the rise, French luxury leather goods maker Hermès is set to debut a store in China's second-tier city Changsha. Read More
Global Locales Attract Growing Number of Chinese Tourists from Second-Tier Cities
With a growing number of direct flights heading abroad from China's lower-tier cities, global destinations are attracting Chinese tourists from an increasingly diverse range of locales. Read More
Ferragamo Bets Big On China’s Rapid Second-Tier Growth
The Italian luxury brand's CEO believes that Beijing and Shanghai have been "overestimated" in terms of growth potential, but is pleased with the company's lower-tier expansion plan. Read More
Luxury Hotels Close In On China’s Second-Tier Hotspots
Now that first-tier locales are inundated with luxury hotel choices, the world's top companies are moving into smaller cities that have big demand for five-star accommodations. Read More
Second-Tier Multimillionaire Growth Leaves Beijing, Shanghai In Dust
China's first-tier cities may still have the country's most multi-millionaires, but a new study says lower-tier centers like Chongqing are catching up fast. Read More-
Louis Vuitton China Strategy Goes Logo-Heavy In Second-Tier Markets
Although Louis Vuitton has been responding to Chinese first-tier consumers' declining interest in conspicuous logos, a new Wuhan exhibit appeals to the lower tier's continued interest in its iconic emblem. Read More 
Luxury Retailer Lane Crawford Aims At Second-Tier China
Originally announced in 2011, the China expansion efforts of Hong Kong-based luxury department store Lane Crawford are set to gain pace with the opening of two new stores in Shanghai… Read More
Baijiu Sinks, Wine Booms In Second-Tier Wuhan
The Chinese government's ongoing crackdown on officials spending public money on high-priced liquor and banquets isn't just hitting the baijiu market in Beijing, it's causing a ripple effect throughout the… Read More
Art Spreads To Second-Tier China With Nanchang’s 791 Art Zone
Beijing may still be the epicenter of China's contemporary art scene, but growing interest in the arts has spread to second- and third-tier cities in recent years, setting the stage… Read More
