The Jing Take
Middle East Moves Up Wealthy Chinese Travelers’ Wishlist, Agility Survey Finds
A jump in the number of big-spending Chinese consumers planning overseas trips is good news for luxury businesses. But are brands' resources deployed in the right places? Read More
NFTs Are Still Hot: Nike Makes $1M In Digital Sneaker Sales
Nike’s first NFT sneaker drop hit its .SWOOSH Web3 platform this week. The site couldn’t handle the hype, proving that the NFT market is not dead. Read More
Is Palm Payment The Future? How WeChat’s New Service Could Revolutionize Retail In China
WeChat has rolled out a new “palm payment” system that may present the next big opportunity for luxury. Read More
The Power Of Personalization: Crocs-Mania Sweeps China
The chunky Crocs Classic Clog is now one of Chinese Gen Z’s top fashion items. Here’s why. Read More
Bottega Veneta Becomes First Kering Fashion Brand To Launch On JD.com
Following high-end jewelry label Qeelin, Bottega Veneta has become the second Kering brand to open a flagship store on the Chinese e-commerce platform. Read More
Strong Domestic Travel Rebound In China Foreshadows Return Of Global Chinese Tourism
The international tourism industry should prepare for the imminent return of Chinese international tourism, according to McKinsey’s latest report. Read More
Ada Who? Inside China’s First Virtual Human Legal Dispute
A court in China’s Zhejiang province recently ruled on the country’s first legal dispute regarding virtual humans. Read More
Lululemon Celebrates 10 Years, 100 Stores In China As Consumers Turn Towards Wellness
Celebrating a decade in China, Canadian athleisure retailer Lululemon has expanded rapidly in the nation. But can it sustain its growth amid cooling relations between China and Canada? Read More
Chinese Tourists’ Spending In Europe Rises, But Visitor Numbers Remain Weak
With the number of flights between China and Europe limited, there are still several hurdles to cross before we see a full recovery. Read More
Global Luxury Rebounds: LVMH, Hermès Sales Soar Due To Chinese Spending
Luxury spending in China is outpacing the growth of the country's economy. Companies like LVMH are taking note and expanding their presence in the newly-reopened nation. Read More
