Consumer Insights
Michael Kors and other affordable luxury giants succumb to challenges in China
Part one of exploring the affordable luxury dilemma in China and how industry giants like Tapestry and Capri Holdings are adapting. Read MoreIs there a solution to China’s $81 billion ‘daigou’ gray market?
The gray market in China might be the biggest potential threat to luxury brands in the next five years. Read MoreC-beauty brands harness guochao and global recognition at the 2023 Asian Games
Chinese beauty brands stole the spotlight at this year’s Asian Games, leveraging athlete endorsements, partnerships, and special makeup services. Read MoreChina’s e-commerce slows down as celebrities turn to Xiaohongshu for ‘quiet selling’
Taiwanese singer Annie Yi is the latest celebrity to start “quiet selling” on Xiaohongshu. Here’s why Chinese consumers are gravitating towards these hours-long livestreams. Read MoreChina’s economic troubles give rise to the Gen Z ‘Stingy Economy’
Given China's tight job market, Gen Z consumers are turning to food-themed blind boxes and discount snack stores to save a penny. Read MoreAdapting to changing Chinese tastes: Strategies for success in the alcohol industry
Chinese consumers are opting for premium, sustainably produced alcohol, including locally made options, prompting businesses to adapt Read MoreThe Middle East beauty market: A nexus of tradition and modernity
With a young, tech-savvy populace and a rising disposable income, the Middle East is becoming an enticing region for global beauty brands. Read MoreChina’s ‘Super Golden Week’ breaks records amid mounting economic challenges
China’s eight-day long ‘Super Golden Week’ is 2023’s most popular holiday. The number of travelers and sales revenue have already hit a record high. Jing Daily showcases the key trends. Read MoreThe luck factor: Chinese youth embrace digital prayers and lucky charms in tough times
Young Chinese consumers are finding creative ways to boost their luck as they face an unprecedented unemployment crisis. Read MoreChina’s real estate, consumption woes to dent APAC GDP growth in 2024: World Bank
China's GDP growth is expected to slow to 4.4%, in turn causing the Asia-Pacific region to expand at a slower rate, according to The World Bank Read More