Predictions For The Chinese Luxury Market In 2021
Mainland China’s luxury consumers are more integral to luxury than ever. With that, here are Jing Daily’s predictions for the 2021 Chinese luxury market.
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- Key Takeaways:
- 2021: The Roaring Twenties redux
- The Mamp;A landscape will be more varied
- Local luxury shoppers will further embrace sustainability
- Luxury brands will increasingly tap into Gen-Z platforms
- More luxury brands will look beyond tier-one cities
- Domestic travel retail will continue to grow
- China will see more marketing activities than the rest of the world
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