Search Results: common prosperity
JD.com Pledges Wealth Redistribution As Part Of China’s ‘Common Prosperity’ Drive
With the e-commerce firm announcing cuts to executive pay to fund benefits for its frontline workers, JD.com has signaled its commitment to implementing Beijing’s new policy. Read More
5 Ways Luxury Brands Can Win China’s ‘Common Prosperity’ Push
China’s “common prosperity” push has forced luxury brands to adapt to a “new normal.” Here are five ways they can adapt to this new environment. Read More
China’s “Common Prosperity” Drive Sends Luxury Stocks Tumbling
In August, the Jing Daily Index hit a new low as investors drove the share prices of the world’s largest luxury companies downwards. Read More
Is China’s ‘Common Prosperity’ Plan Good Or Bad For Luxury?
President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Read More
Retail Takeaways From China’s 20th National Congress Opening Day
Beijing seeks to achieve common prosperity while asserting the effectiveness of “Dynamic Zero.” What does this mean for luxury and retail? Read More
What is motivating China’s new hard luxury consumer?
Sustainability, Gen Z, and new wealth are propelling the growth of China’s luxury watch and jewelry market, according to our latest report. Read More
Hard luxury in China: Today’s potential comes with rich, storied history
While the presence of global luxury brands is growing in China, the larger question is: where and how? Read More
China Welcomes Foreign Investment At Davos, Grapples With Shrinking Population
China's reopening announcement comes as luxury brands seek to reengage and win back local consumers after reporting falling sales in Q4 2022. Read More
What’s Driving The New Wave Of Watch Collectors In China?
After three years of Covid-19 lockdowns, China’s luxury watch industry is finally set to thrive. What do brands need to know about the new generation of collectors? Read More
As China’s Marriage Rates Plummet, Will the Singles Economy Boom?
What Happened: According to a survey by China’s Ministry of Civil Affairs, in the first three quarters of 2022, a total of 5.445 million couples registered for marriage nationwide —… Read More
