economics
“China Bull” Deutsche Bank Predicts Luxury Growth To Almost Triple
Deutsche Bank's year-end GDP growth rate prediction for China is considered high, but its luxury forecast is even higher. Read MoreCould 2013 Be The “Year of China” For Investors?
Coming off a tumultuous 2012 in China, investors are looking at new opportunities in 2013 and wondering whether the recent leadership handover will augur well for business. Read MoreChinese Luxury Spending Reportedly Plummets At Home, Skyrockets Abroad
A new report holds that Chinese consumers spent a relatively spare US$830 million on luxury items domestically from January 20 - February 20, a 53 percent drop from last year's… Read MoreBeauty Brands Shine In New L2 Digital IQ Index: China
Supplanting the auto brands that led the way in last year’s ranking, beauty, fashion, and watches & jewelry brands accounted for more than two-thirds of the top 20 spots on… 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 MoreChina Luxury Demand Rallies, But What Does It Mean For 2013?
Following a significant dip in demand for some major luxury brands in China over the past six months, recent figures project a strengthening in the first quarter of 2013, even… Read MoreVideo: Demand For (Some) Luxury Brands Holding Up In China
As the year starts to draw to a close, and major gifting periods like Chinese New Year approach, is the worst of the luxury slowdown over? Read MoreVideo: Wealthy Chinese Pouring Millions Into Overseas Investments
Led by wealthy Chinese using a range of money-transfer methods to buy overseas property, send their children to high-priced international schools, and stock up on luxury goods, art, jewelry and… Read MoreAs China’s Luxury Market Evolves, Who’s Winning And Who’s Losing?
Though China's red-hot luxury market has slowed from high growth-rate estimates in the range of 35 to 40 percent in 2011 to anywhere from 13 to 18 percent this year,… Read MoreNo China Slowdown For Hermès
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… Read More