Search Results: lower-tier cities
Interview: ArcoRetail’s CEO Discusses Behemoth Jihua Park Retail-tainment Project
In an exclusive interview with Jing Daily, Luca Bastagli Ferrari discusses his company's ambitious plans to open 36 inclusive shopping resorts across China with a primary focus on lower-tier cities. Read More
Report: China’s Retail Growth ‘Remains Vigorous’ With $1.7 Billion In Sales
A new report by Cushman & Wakefield finds that China is Asia's largest retail economy with top growth rates concentrated in lower-tier cities. Read More
Luxury Hotelier Rosewood To Enter Crowded Beijing Market
With top-tier Chinese cities becoming saturated with five-star hotels and fierce competition spreading to lower-tier cities, we have to wonder whether new brands entering the market are exhibiting business bravery… Read More
‘Mom skincare’ — China’s maturing Gen X consumers give rise to new beauty opportunities
Gen X is a skincare and beauty-conscious generation, but the beauty industry in China offers it few options. How can beauty brands tap this opportunity? Read More
China’s slowing economy clouds JD.com, Alibaba earnings comeback
What Happened: It’s been a big month for tech earnings in China. On August 16, JD.com reported that net revenues for the quarter ended June 30 jumped 7.6 percent to… Read More
Tapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China
The Tapestry-Capri Holdings merger is positioned as a direct challenge to European luxury conglomerates LVMH and Kering, which have long dominated the luxury market. Read More
Male beauty’s next growth engine: Douyin
Delve into the demographics and psychographics of male beauty consumers on Douyin to understand how brands can thrive on this burgeoning social commerce platform. Read More
Skintellectuals, emotional marketing, clean beauty: China’s H2 2023 beauty cheat sheet
A must-read beauty playbook for 2023 and beyond. Jing Daily unpacks the major trends shaping China’s rapidly evolving beauty landscape. Read More
62% Of Chinese Luxury Shoppers Are Buying At Home Vs. In European Capitals
The days of buying in bulk in Europe are over. Last month, more than half of luxury purchases by Chinese shoppers took place locally. Read More
BCG Report: China’s Middle Class To Reach 40 Percent Of Population By 2030
BCG highlights the explosion of China’s middle class while reporting notable discrepancies between age groups. What lessons can luxury brands learn? Read More
