bain & co
Few Surprises In Bain & Co’s Latest China Luxury Market Study
This week, Bain & Co. released its newest China Luxury Market Study. As the study is being widely covered in the media, we'll spare the "top 10" lists and try… Read More-
Who’s Buying Luxury Goods As Gifts In China?
Translations of a few Chinese-language articles that provide interesting counter-points to yesterday's articles about McKinsey's new study, which found that 50% of luxury items purchased in China are made with… Read More -
50% Of Luxury Purchases By Chinese In 2009 Were Gifts: Survey
This week, a new study by McKinsey & Company indicates that around 50% of Chinese consumers who bought luxury goods last year did so with the sole intention of giving… Read More -
In The Global Luxury Industry, China “Is The Hero At The Moment”
With sales of luxury goods in China expected to reach upwards of $15 billion within the next five years, the country looks like a paradise for luxury brands. But the… Read More -
Paper: Chinese Luxury Consumers Setting Global Trends
A new report by the Chinese business newspaper 21st Century Business Herald projects that the Chinese luxury consumer will increasingly contribute to global luxury trends as consumers in more developed… Read More -
WSJ: 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 More
