china slowdown
Bain & Co: The Next Growth Engine for Luxury? Gen Z
Chinese Gen Z shoppers are proud and empowered impulse buyers, and are a major part of the global youth delivering 130 percent of future market growth. Read More
Should Luxury Brands Give Up or Double Down on Mainland China?
With a multi-year luxury market slowdown in China, brands consider shifting more of their focus to tourist spending abroad. Read More
Burberry’s Plan to Turn it Around in Hong Kong: Go Local
As retail sales slump in Hong Kong thanks to a loss of mainland tourist revenue, the British brand turns its focus toward local shoppers. Read More
China’s Growth Potential ‘Impossible For Retailers To Ignore’
A new A.T. Kearney report ranks China as the world's second most important location for retail development this year. Read More
LVMH’s Scaled-Back China Strategy Earns 8 Percent Mainland Growth
The conglomerate reduced lower-tier store openings and de-stocked spirits as part of its strategy to cope with China's 2013 luxury slowdown. Read More
