Search Results: HNWIs
Can “Revenge Spending” Save Luxury in China?
“Revenge spending” is a phenomenon that luxury brands are hoping to benefit from in China, but what should they really expect from post-COVID-19 consumers? Read More
Jing Daily City Guide: Nanjing
The first of Jing Daily's new city guides takes a look at Nanjing: a tier-2 city with over 8 million people a lot of disposable income. Read More
China’s 7 Wealthy Consumer Types
In China's rapidly evolving economy, not all high net worth individuals are the same. In fact, there are many "types" that luxury brands must account for. Read More
Top 0.5% of International Shoppers Account for 17% of Global Tax Free Spending, Says Study
Elite shoppers tend towards high-end products, with the Global Blue study showing that almost 75% of their spend is in the luxury or hard luxury categories. Read More
Why is China’s Yachting Industry Lagging?
While China’s HNWI have adopted many Western leisure activities, yachting is not one of them. What can the industry do to turn this around? Read More
8 Essentials to Working with Chinese Luxury Tourists
We interviewed 3 tourism professionals to understand how to stand out and avoid making major blunders with Chinese luxury tourists. Read More
China Wants Fewer Burberry and BV Handbags, More Chanel and Hermès
A recent survey by investment bank RBC Europe found that market leaders Chanel, Gucci, Hermès, and Prada are even more desirable among Chinese luxury consumers, extending their lead on other… Read More
Rich Post-80s Drive Chinese Whiskey Market Growth
Often perceived as an old man's drink, whiskey sales in China leapt 19.5 percent in 2017 thanks largely to growing interest among consumers under 30. Read More
Airbnb Introduces High-end Offer in Pivot Toward China
The recent launch of Airbnb Plus and Beyond Airbnb might be just what Airbnb needs to capture a larger segment of the China market and set themselves up for even… Read More
Rich Chinese Prefer Gifting Apple, Chanel, and Bvlgari: Hurun Report
Apple may be putting the brakes on iPhone X manufacturing, but it remains a favorite item for ultra-wealthy Chinese to gift. Read More
