consumer spending
Will China’s Spending Jump Boost Luxury Brands?
Optimism is spreading among luxury brands, as average national spending saw an impressive 15.8-percent year-on-year growth. Read MoreWhere Luxury Stands In China’s Consumption-Based Economy
China’s economy quickly rose from a manufacturing superpower to a mature service sector. But how will those changes impact global luxury brands? Read MoreBoston Consulting Group: China’s Millennials Get ‘Aggressive’ with Consumer Spending
A new Boston Consulting Group report finds that while Chinese consumer spending is down, younger shoppers are consuming at twice the pace of their parents' generation. Read MoreSurvey: Chinese Travel Spending Shifts from Hard Luxury to Premium Necessities
Recent surveys suggest affluent Chinese shoppers are now less inclined to buy luxury items like jewelry, watches, and handbags as their international travel spending shifts toward cosmetics and health supplements. Read MoreWomen The Driving Force In Chengdu’s Luxury Market (Jing Archives)
From the archives: The rising spending power of wealthier women has convinced many in the Chinese luxury industry that "the future is female." If this is the case, the future… Read More