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 decade. 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
What Can China Learn From the West About Secondhand Fashion?
China’s demand for luxury goods meant that the potential market for secondhand apparel was largely ignored until recent years, while it boomed in the West. Read More
Can C-Beauty’s YUMEE Rock the Global Make-up Industry?
Financier Wendy Yu is taking on the global beauty world with the launch of in-house C-Beauty luxury makeup line, YUMEE. Read More
What Global Luxury Brands Need To Know About The China Market In 2021
China's economy has been well-equipped to bounce back from the pandemic. But what new opportunities and challenges will luxury brands face in 2021? Read More
Why Focusing on Gen Z Is A Matter Of Survival For Luxury Brands
Many luxury brands are reluctant to shift their focus to Generation Z. But underestimating the importance of young consumers can put their future in peril. Read More
How Are Luxury Brands Juggling the Paradox of Exclusivity and Inclusivity?
In a world pushing for greater inclusivity, luxury’s focus is on the stories brands can tell and the experiences they can offer. Read More
