Search Results: daigou
Bain: Chinese ‘Very Important Clients’ On The Rise, 2% Of Global Consumers Contribute To 40% Of Luxury Spending
China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Read More
Can K-Fashion Win Back The Hearts Of Chinese Consumers? We11done And Sequoia Capital China Are Betting On It
K-fashion brands like We11done are going mainstream in China, gaining local followers, and even bypassing daigou. But more challenges may lie ahead. Read More
The Challenging Road Ahead For Scandi Brands Entering China
As the Scandi-chic trend takes off in China, niche labels have captured the attention of venture capitalists. But how are they really faring in the market? Read More
Hainan Lockdowns Kill The Holiday Mood
A COVID-19 outbreak on Hainan has left 80,000 tourists stuck in lockdown. Will this put a dent in the economic potential of the duty-free island? Read More
Is Luxury Discriminating Against China’s Lower-Tier Cities?
With first-tier cities oversaturated with luxury brands, it’s only logical that they look to China’s lower-tier areas to expand. So what’s the holdup? Read More
Luxury Packaging Gets Second Life on China’s Resale Platforms
Luxury shopping bags became a crucial symbol for citizens during lockdown. Now, they’re surfacing in the resale market. What’s behind China’s love of paper carriers? Read More
How Do Italian Luxury Retailers Connect with China in 2022?
Italy’s cultural and artistic heritage has made the country one of the world’s most popular tourist destinations, attracting millions of visitors every year. Whether it’s touring the country’s historic jewels… Read More
Chanel’s Elitist Store Policy Is Misguided
Chanel has released a new policy in South Korea whereby customers need permission to purchase in the store. Would it dare implement this in China? Read More
China Luxury: More Ups Than Downs Says Bain Report
The growth of China’s luxury market slowed in 2021 versus 2020, but certain drivers should keep it buoyant long-term. Read More
How Luxury Brands Will Overcome the Continued Lack of Chinese Tourists
After nearly two years of pandemic disruptions, the arrival of Omicron guarantees even more strife for the luxury tourism market. Read More
