Market Trends
The Challenge of Chinese Lower-Tier Cities for Luxury Brands
Compared to their higher-tier city counterparts, luxury consumers in lower-tier cities are interested less in bling and more in longevity and reliability. Read More
These First-Time Luxury Buyers Are Shaping The Market
Gen-Z luxury buyers are the product of China’s rising middle-class. But will this teenage generation become a golden ticket for luxury brands? Read More
Why China Could Leapfrog the “Luxury E-commerce Wars”
With housebound consumers around the world doing more high-end shopping online, luxury’s longstanding resistance to embracing e-commerce has dissolved. Read More
What You Need to Know From Deloitte’s Luxury Trend Report
Here, Jing Daily presents three key findings from Deloitte’s report on the fiscal year of 2019 for companies to review and consider. Read More
How Prada Put Sustainability Into Action — From Innovation To Education
Prada hosted the latest episode of Your Prada Possible Conversations at the Beijing SKP-S mall spotlighting ocean conservation. Read More
China’s Online Shopping Thrives Thanks To “Buy Now, Pay Later”
As Chinese shoppers become more comfortable with online shopping, they are seeking flexible payment plans, especially when it comes to luxury items. Read More
Will LVMH De-Americanize Tiffany?
Now that LVMH has taken full control of Tiffany & Co., what should the luxury industry expect to see next from the American jeweler? Read More
Takeaways From McKinsey’s 2020 Holiday Season Report
McKinsey & Co. surveyed over 3,500 shoppers for its 2020 Holiday Season report, which shows some surprising shifts in this year’s consumer behavior. Read More
CDFG’s President Underlines the Potential of Hainan Island Travel Retail Market
China Duty Free Group (CDFG) President Charles Chen underlined the vast potential of the Hainan Island travel retail market. Read More
New Opportunities of China’s Imported Retail Market Under COVID-19
With China's imported retail market gradually recovering from the pandemic, we noticed some changes happening in customers' purchasing habits. Read More
