HNWI
Is China’s Curb on ‘Excessive Income’ Actually Good for Luxury?
China wants to curb “excessive” incomes and focus on moderate wealth for all. What does this mean for luxury brands banking on the country’s elite? Read More
Sneak Peak: How Millionaires Define Luxury in 2021
Agility Research & Strategy has released its 2021 luxury report, giving us a peek at how global millionaires plan to spend over the coming year. Read More
Is India’s Luxury Surge Mirroring China’s?
India has a fast-growing elite and aspirational classes — and their insatiable appetite for luxury reminds global brands of China. Read More
Is Luxury Ready for Double the Amount of Millionaires in China?
Contrary to the West, China’s upper and middle classes are expanding and getting richer. What does this mean for luxury retail in the country? Read More
Why Luxury Brands Overlook These Non-HNWI Spenders
Luxury brands have been primarily focused on High Net Worth Individuals (HNWI), but are they missing out on other important segments in China? Read More
China’s Affluent Households Keep Fueling Luxury Consumption
“Hurun Wealth Report 2020” reveals China’s burgeoning affluent families will further drive luxury consumption despite the COVID-19 crisis. Read More
Jing Daily City Guide: Sanya
The second Jing Daily city guide takes a look at Sanya: a tropical holiday destination with new duty-free policies that serve wealthy tourists. Read More
Jing Daily City Guide: Nanjing
The first of Jing Daily's new city guides takes a look at Nanjing: a tier-2 city with over 8 million people a lot of disposable income. Read More
Concierge Clubs Win Big in China
Considering that China’s rise as a world power is unstoppable, concierge clubs have the unique opportunity to earn robust returns. Read More
How China’s Growing Inequality Will Affect Luxury Brands
The luxury sector appears to be temporarily safe from China’s income inequality. Heritage brands are likely to feel some potentially harmful effects. Read More
