consumption
Rupert Hoogewerf: “Although China’s New Rich May Be Wealthy Or Powerful, They May Not Have Taste”
Rupert Hoogewerf, founder of the Hurun Report, recently spoke to Xinmin about the current state of the Chinese luxury market, and how the nouveau riche are currently shaping it --… Read More-
Here Come The Outlets: Italian Retail Group Investing $910 Million In Chinese “Shopping Villages”
This week, the Italian retailer RDM announced that it will invest nearly $1 billion to build five "Italian-style" high-end luxury outlet malls throughout China, operating under the name "Florentia Village." Read More -
Top Marques Luxury Exhibition To Debut In Chengdu
Top Marques Chengdu will see many high-end brands make their debut in western China, with 50 companies expected to exhibit more than 400 products, from automobiles and fashion to jewelry… Read More -
Baijiu Enters The Land Of Lafite As Rare 1958 Maotai Sells For $220,000
It seems that Chinese collectors aren't only driving the prices for Chateau Lafite or Chateau Cheval Blanc to new heights, they're also on the hunt for rare tipples from a… Read More -
A Chinese Demographic Not To Neglect: Trendy, Big-Spending Men (Jing Archives)
From the archives: The flashy sense of style being fostered in some of China's wealthier cities presents an opportunity for fashion houses that doesn't exist anywhere else in the world… Read More -
Consumption Standard For Chinese “New Nobility” Up 22% Over Last Year (Jing Archives)
From the archives: According to the Hurun Report, a member of the new nobility should own three houses, an impressive art collection (probably of Chinese contemporary and traditional art), and… Read More -
Will E-Commerce Help Stem The Tide Of Mainland Chinese Shopping In Hong Kong?
While Hong Kong retailers have welcomed tourist-shoppers with open arms, luxury brands would like to see more Chinese spending locally. However, stemming this Hong Kong-bound tide has been anything but… Read More -
Cartier’s Nigel Luk: Chinese Consumers Give Luxury Orientalism The Cold Shoulder
Luk points out many attributes unique to Chinese consumers: a focus on iconic products, a cool reception to overt Orientalism by foreign luxury brands, and a love of traditionally Asian… Read More -
Jing Daily’s Must-Know Luxury Malls In Mainland China
As luxury brands further extend their reach into the mainland China market, Jing Daily turns its attention to the exclusive malls and shopping centers that are home to many of… Read More -
Women 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
