crackdown
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 MoreFrance Government Official: Don’t Worry About French Luxury Sales In China
Luxury sales in China remain a matter of national importance for France, which has much to gain from Chinese consumers' continued interest in the country's haute brands. Read MoreChinese Net Users’ Ultra-Luxe Watch Searches Surge 58 Percent
Swiss watch exports to China may have declined in 2013, but you wouldn't know it from the growth in Chinese internet searches for Haute Horlogerie brands. Read MoreChinese Luxury Hotels Brace For Another Rough Year
Five-star hotels favored by China's bureaucrats are faring the worst in China's crackdown on corruption, but boutique locations are doing fine with a trendier clientele. Read MoreLuxury Gifting By China’s Wealthy Plummets 25 Percent
Hurun's annual survey finds that China's high-net-worth individuals scaled back big time amidst the government's austerity campaign. Read MoreJing Daily’s China Luxury Brief: January 16, 2014
Welcome to Jing Daily’s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Read MoreJing Daily’s China Luxury Brief: January 3, 2014
Welcome to Jing Daily’s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Read MoreChina’s Masstige Market Heats Up As Luxury Cools
Although growth was slow in China's luxury market this year, "accessible" luxury still managed to sell. Read More5 Predictions For China’s Luxury Market In 2014
Jing Daily lists the five major developments in the China luxury market to watch out for in the coming year. Read MoreJing Daily’s China Luxury Brief: December 17, 2013
Welcome to Jing Daily’s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Read More