bain china
China’s Outlet Malls Are the Silver Lining of the Luxury Retail Wreck
A new report by Bain & Company said opportunity of offline luxury retail sector lies in China's middle-class shoppers, who love shopping at outlet malls. Read MoreBain Predicts Chinese Tourists in Spain, UK to Help Luxury Market Rebound in 2017
Luxury brands have to 'adapt to a millennial state of mind' to fuel growth, according to Bain & Company's new report. Read MoreBain: China Luxury Spending To Decline 1 Percent In 2014 (And Why Brands Shouldn’t Panic)
As the consultancy predicts negative growth for China's luxury market this year, Chinese shoppers spending abroad are boosting global numbers. Read More