bain & company
China’s “Revenge Spending” Isn’t Coming to America
China emerged from post-lockdown with episodes of “revenge spending” and now appears to be on its way to recovery. Will the US follow this trend? Read More
Is This the End of Luxury?
While many so-called “experts” predict that luxury is on its way out, Dr. Langer believes it’s the right time for brands to indulge, inspire, and innovate. Read More
Is China’s Logo Addiction Spreading?
The media has characterized Chinese consumers as logo crazy, but now it looks as if the rest of the world is beginning to fully embrace logomania as well. Read More
Bain: Chinese Shoppers’ Share of Global Luxury Purchases Drops to 30%
Bain & Company's latest report on the global luxury industry finds that Chinese consumers for the first time saw a decrease in contribution to the international market. Read More
Bain: Chinese Luxury Spending Shifts Further Abroad with 2% Domestic Decline
Bain & Company's latest report on China's luxury industry finds that consumers continued to spend more abroad and less at home in 2015. Read More
How Brands Can Adjust To ‘New Era’ Of China’s Luxury Cooldown
A new Bain report takes an in-depth look at the causes and effects of China's luxury slowdown—and what brands are doing about it. Read More
China Now World’s Largest Luxury Market: Bain Report
A new report by Bain & Company estimates that China has surpassed the US to become the world's largest luxury market. Read More
The Rise Of The Chinese Luxury Market: Reality or Illusion?
McKinsey's latest report recently forecast that China will comprise 20 percent of global luxury sales by 2015, surpassing Japan as the world's single largest luxury market. But this week, an article in the Chinese portal Dayoo questions whether McKinsey's forecasts are too optimistic. Read More-
How Can Luxury Brands Entice Mainland Shoppers To Buy Locally?
China's comparatively high luxury tax has been something of a double-edged sword for the government as the number of middle- and upper-middle-class urban Chinese with an appetite for luxury goods has soared. Read More
