Search Results: Chinese consumers
Chinese consumers set to lead personal luxury goods market by 2030, according to Bain & Co
Bain predicts Chinese consumers will comprise up to 40 percent of the global personal luxury goods market by 2030, overtaking the US. Read MoreChinese consumers spend the most on travel: World Travel and Tourism Council
Chinese travelers spent the most compared to other nationalities, at $1,350 per person on average. Read MoreHow brands are adapting as Chinese consumers turn to health and wellness
A surge in awareness this year, led by the younger generation, has invigorated China’s health industry. This acceleration, attributed to the Covid-19 pandemic, was the focus of the “Opportunities in… Read MoreFukushima fallout: Chinese consumers shun Japanese brands
Chinese consumers are boycotting Japanese products after Japan started releasing treated radioactive water into the Pacific Ocean. How will this impact brands' bottom line? Read MoreElizabeth Arden fined for misleading Chinese consumers
Elizabeth Arden was fined $2,750 for misleading consumers about the price of its new White Tea Skin Solutions series. Read MoreThe results are in: What did Chinese consumers splurge on this Qixi Festival?
Gift boxes, beauty products, and sports equipment were hot-selling items this Qixi Festival. Read MoreMcKinsey: Chinese consumers, brands ‘cautiously optimistic’ on tourism and spending
Chinese consumers are bargain-hunting as consumption growth slows, according to McKinsey’s latest brief. Read MoreChinese consumers spend $111 billion on 618 in 2023: All you need to know about China’s major shopping festival
Luxury and beauty brands reported stellar results during the 618 shopping festival. But the silence around platforms’ GMV figures hints at underlying consumer concerns. Read MoreC-Beauty Brand Comfy Bets On Chinese Consumers’ Rising Ingredient Awareness
Comfy has joined forces with media production house Xinshixiang and livestream host Li Jiaqi to launch a film series on the rise of Chinese beauty ingredients. Read MoreChinese Consumers Ditch Foreign Fashion And Luxury Brands For Local Options: McKinsey Report
Homegrown Chinese fashion and luxury brands are outpacing their global rivals thanks to major strides in production and consumer engagement. Read More