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Tiffany, Other Luxury Retailers Push Digital Outreach In China Market
Despite the massive cost inherent in large-scale advertising campaigns, major luxury retailers still contend with relatively low customer loyalty in Mainland China, as Chinese luxury buyers have a knack for… Read MoreChina’s Middle Class: The Luxury Market’s Long-Term Engine
China's luxury market has gained a lot of attention this year, mainly because it remains one of the few global markets where more luxury retailers are entering the market, rather… Read MoreDiamond Sales Get Huge China Boost
Good economic news in China this year has translated to good news for diamond producers, if figures released recently by China's news agency, Xinhua, are correct. Read MoreShanghai’s Luxury Hotel Market Heats Up Ahead Of World Expo
With upwards of 7 million visitors -- mainly Chinese -- expected at next year's World Expo, newly constructed hotels have added nearly 4,000 five-star rooms to the already vast luxury… Read MoreChinese Spending Buoys LVMH
LVMH Moët Hennessy • Louis Vuitton S.A., the mighty global juggernaut, has had a bit of a rough year in the traditionally reliable markets of North America, Japan and Europe. Read MoreWSJ: Only China Can Save Luxury Sales
An interesting blog post today at the Wall Street Journal, where Robert Frank points out that the global economic downturn has turned a new spotlight onto a once-unlikely savior --… Read MoreNew Figures On Mainland Chinese Spending Bode Well For Luxury Retailers
With luxury retailers looking for any good news in a still-tough market, studies by several organizations in recent months have shown that things are a little less ghastly than expected,… Read More