Search Results: McKinsey
Luxury Spending To Double in China Over Next 10 Years, Says McKinsey
A McKinsey report on the global luxury market predicts that consumption by China's wealthy buyers will score one trillion yuan by 2025. Read More
McKinsey’s 2025 Luxury Forecast: China’s Cities Hold Key To Growth
Six of seven new cities to be added to the consultancy's top cities for luxury growth are located in China, making the country a prime industry target for the next… Read More
Economic Conditions Snapshot: McKinsey Global Survey results (September 2013)
McKinsey & Company Preview Report Read More
McKinsey: China’s Upper Middle Class To Drive Global Luxury Consumption
A new McKinsey report analyzes the demographics, geography, and future consumption patterns of China's rapidly growing middle class, and several key factors bode well for the luxury industry. Read More
McKinsey Director: 75% Of New Wealthy Households Will Be Outside Top Tier Cities
Vinay Dixit of McKinsey says several key consumer attitudes are becoming increasingly consistent in key Chinese cities, regardless of the tiers in which these cities are grouped. Read More
Is K-Beauty’s Reign Coming To A Close?
Amorepacific's affordable beauty brand Etude House is closing shop in China, showing retailers just how competitive the country’s beauty market can be. Read More
Why Sharing is Caring in China
China’s sharing economy market surpassed $3 trillion in 2019 and is set to expand even further. But who are the main players in the rental sector? Read More
The Friendly Flagship Of The Future
The accelerating digital transformation of luxury retail has led brands to divest in physical flagship stores. Does that mean they're dead? Read More
What Happens to Luxury if China Stalls?
Chinese consumers are predicted to make up 50 percent of all global luxury purchases globally by 2025. But could the country’s gains slow down? Read More
Why Luxury Stores Are More Important Than Ever In China
Online retailing has undoubtedly contributed to the growth of luxury sales in China. Yet, physical retail locations are still a key shopping motivator. Read More
