Search Results: revenge spending
China’s “Revenge Spending” Isn’t Coming to America
China emerged from post-lockdown with episodes of “revenge spending” and now appears to be on its way to recovery. Will the US follow this trend? Read More
Can “Revenge Spending” Save Luxury in China?
“Revenge spending” is a phenomenon that luxury brands are hoping to benefit from in China, but what should they really expect from post-COVID-19 consumers? Read More
Revenge Travel And Spending: Chinese New Year Domestic Tourism Generates Over $55 Billion In Revenue
The mainland is finally on the move again — and with revenge travel comes revenge shopping. What trends emerged over the Chinese New Year holiday? Read More
Could “Revenge Travel” Dent Luxury Spending?
The latest wave of COVID-19 infections is postponing the tourism rebound. When travel resumes, expect it to come back with a vengeance. Read More
Chinese Tourists’ Spending In Europe Rises, But Visitor Numbers Remain Weak
With the number of flights between China and Europe limited, there are still several hurdles to cross before we see a full recovery. Read More
Morgan Stanley Report: China’s Reopening Means More Spending On Luxury
Chinese luxury spending is forecast to return to pre-pandemic figures — under the right conditions. Read More
First Revenge Buying, Then Panic Selling. Is China’s Luxury Fever Cooling Down?
Chinese HNWIs are selling their Rolex and Hermès to raise quick cash. As the economy tumbles, is luxury really recession-proof? Read More
Luxury Spending: It’s the Psychology, Dummy, Not What You Have in Your Bank Account
Financial means alone will never explain the sales growth that luxury is experiencing in this post-pandemic era; psychology is really where it’s at. Read More
Should Luxury Brands be Worried About Revenge Saving?
What impact will revenge saving — now a buzz word in Chinese media — have on the greater luxury industry? Should luxury brands be worried about it? Read More
Could the Middle East Be The ‘New China’ For Luxury Brands?
Luxury brands are no strangers to the Middle East, with the likes of Dubai and Abu Dhabi establishing themselves as high-end magnets in recent decades. Read More
