China luxury consumers
Can India Wrestle Supply Chains Away From China?
As some Western companies look to pull their supply chains out of China, India is designing incentives to lure global businesses to its shores. Read More‘Solving the Dual Outflow’ – Chinese Department Stores Eye Duty Free License, Though Granting Them is More Problematic
Multiple Chinese domestic market players are lining up for duty free license applications. Seeing those licenses granted will be a much greater challenge. Read MoreA Stagnant Prada Reckons with A Changing Chinese Customer
Prada’s first-half earnings report indicated that storm clouds are approaching for the brand, particularly in Greater China, with a 2 percent drop. Read MoreHow Splurging Chinese Students Spell Big Bucks for Luxury Brands
Chinese overseas students, who are increasingly wealthy and keener to splash and spend their (parents’) cash, represent a huge opportunity for brands. Read MoreChina Is the Key for a Rosy Global Luxury Market Outlook: Bain & Co.
A new luxury report by Bain & Co, released on November 15, has set a highly positive tone on the prospect of the industry. Read More