conspicuous consumption

Going against the decades-long trend of lower-priced Chinese imports flooding the US market, a growing number of American manufacturers, fashion brands and family-run wineries are looking to China's luxury consumer as a new and important target market. Read More

Over the past several months, the compounding financial woes of leading British luxury house Burberry has become the go-to sob story in business and luxury media alike. Read More

Private shopping sprees, flights to Paris for fashion shows, custom-made one-of-a-kind items -- for major luxury brands looking to lavish perks on notoriously brand-disloyal Chinese VIPs, the sky's the limit. Read More

Shifting consumer demand in China and the broader effects of slower economic growth in 2012 may be hurting the likes of Hugo Boss and Burberry, but Hermès continues to cash in on wealthy Chinese shoppers who are now in the grips of "bling fatigue." Read More

In recent years, the business elite in China has been fixated on a particular Buick model that most Americans would see as a soccer mom must-have rather than a high-powered dealmaking machine: the GL8 minivan. Read More

Though the overall China luxury market is expected to register comparatively strong growth in 2012, a tighter political and economic climate is having the same chilling effect that we saw in summer 2011. Read More

Conspicuous consumption may be on the decline in China's "soft luxury" market, as some wealthy Beijingers and Shanghainese buy more "logo-lite" handbags and apparel, but major luxury brands see China as a long-term bright spot for "hard luxury." Read More

Though Chinese shoppers "still like an extra dose of bling on everything," a trend that we expect to see continuing to spread from top-tier to second- and third-tier cities is "logo-less" or less conspicuous luxury. Read More

Jing Daily recently spoke to the Shanghai-based editor of the influential news site Fashion Trend Digest, Ye Qizheng (叶琪峥) about the current status of China's fashion industry, luxury consumption, and the internationalization of "designed-in-China" fashion labels. Read More

Founded in 1959 to house workers from the Daqing oilfield and as a model industrial center, the city of Daqing in northeast China's Heilongjiang province remains focused primarily on one thing and one thing only: oil. Read More