consumption
Brand New Or Preloved? Gen Z Drives Surprising Boom In Second-hand Luxury In China
Second-hand items comprise 5 percent of China’s luxury sector, but surging demand from Gen Z indicates there’s huge room for growth. Here’s how to capitalize on the market. Read MoreChinese Millennials Spend More on Credit Alipay Report Says
A new study reveals that Chinese millennials have become accustomed to spending on credit, and pay on time, offering China's economy a boost. Read More2013 Luxury Forecast: A Men’s Market In China
The rising number of upper-middle-class male shoppers in China are showing a greater interest in more individual luxury segments such as apparel, leather-goods, and personal accessories. Read MoreChina Now World’s Largest Luxury Market: Bain Report
A new report by Bain & Company estimates that China has surpassed the US to become the world's largest luxury market. Read MoreIlly: China To Become One Of Top Five Coffee-Drinking Countries
Though annual per-capita consumption sits at less than five cups, coffee is becoming a daily addiction rather than an occasional splurge for a growing slice of the Chinese population. Read MoreSurprise! Consumer 2.0 In China Wants Unknown Brands
Today, Hong Kong is a city of incomparable individual taste. Mainland China is following the same path. The early adopters are making way for the more confident style-seekers. But what… Read MoreStrong China Luxury Auto Sales Help Jaguar Land Rover “Roar Back To Health”
Apparently, fierce competition with BMW, Audi, Mercedes-Benz and other luxury automakers in China hasn't been too much of an issue for Indian-owned Jaguar Land Rover, which only three years ago… Read MoreMainland Chinese Fuel Luxury Brand Profits, Rent Hikes In Hong Kong
From waiting in hours-long lines to stock up on luxury goods to causing controversies at the Dolce & Gabbana flagship in Tsim Sha Tsui to making a rental-space bidding war… Read MoreBrands Need To Cater To China’s New “Emo-sumer”
An increasingly important trend that can't be ignored by brands and marketers in China is the growing individualism emerging among the country's younger consumers. Read MoreLanvin Loves Beijing…But It’s Not Alone
The reality of the situation is that the Chinese market is not an easy one to crack. If history is anything to go by, it’s a lesson in patience more… Read More