bain & company
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
