bain report
Bain: Chinese ‘Very Important Clients’ On The Rise, 2% Of Global Consumers Contribute To 40% Of Luxury Spending
China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Read More
Bain Report: China To Make Up 40% Of Luxury Consumers By 2030
Bain has adjusted its forecast about China’s luxury market as emerging regions gain steam. What are the trends shaping the industry in 2022 and beyond? Read More
Will the Year of the Tiger Roar for Luxury Spending in China?
So far, the Year of the Tiger feels more like the Year of the Mouse, thanks to China's meek economy and luxury spending. Read More
Bain x Altagamma Luxury Report: Luxury Has Fully Returned
According to the new Bain report, luxury has bounced back to pre-pandemic levels ahead of forecasts. But what is luxury’s next big opportunity? Read More
3 Key Findings From Bain x Altagamma Luxury Report
Bain reports that luxury could recover as early as this year. Aside from Chinese consumers and online channels, what other factors are driving this rebound? Read More
Bain & Company: Tips For This Post-COVID-19 Singles’ Day
Jing Daily summarizes what brands and retailers must do to take full advantage of China retailing’s most important 24 hours: Singles' Day. Read More
7 Reasons Why Luxury Can’t Rely on the Chinese Millennial Market Growing
A new report from a Chinese research agency questions whether the millennial market in China is a sustainable revenue source for luxury brands. Read More
Chinese Travelers, E-commerce Boost Global Luxury Industry: Bain
The strength of personal luxury goods consumption in China is empowering a global recovery of the luxury market in 2017, Bain said. Read More
Rising Number of Domestic Luxury Consumers in China Benefits LVMH
Mainland China drove the fastest growth in LVMH's third quarter thanks to the increase in domestic spending, according to its CFO Jean-Jacques Guiony. Read More
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 More
