gifting

The Hurun Report's annual survey of China's rich finds that luxury gift spending bounced back from a two-year decline in 2015. Read More

As China's anti-graft campaign continues, high-end mooncakes are becoming increasingly low-key to appeal to a new base of buyers for this Mid-Autumn Festival. Read More

Lane Crawford President Andrew Keith explains how the retailer's "self-gifting" status means its sales haven't taken a hit from China's corruption crackdown. Read More

When it comes to luxury shopping, Shanghai residents buy more and spend more than New Yorkers, finds a new report. Read More

Hurun's annual survey finds that China's high-net-worth individuals scaled back big time amidst the government's austerity campaign. Read More

The cigar maker uses red instead of this year's more commonly used gold for its Chinese New Year luxury gift product. Read More

A new survey of 100 Chinese companies finds tangible evidence that the main reason for huge cuts to "corporate entertainment" expenditures is, unsurprisingly, the government's ongoing anti-extravagance campaign. Read More

Following just about every other luxury brand in releasing special Chinese New Year editions, Burberry recently rolled out a campaign aimed at getting Chinese customers to part with additional cash just in time for the holidays. Read More

We've previously noted the changing dynamics of China's culture of gift-giving, hastened by Beijing's recent crackdown on excessive spending by government officials, but this week, a new Hurun Report survey finds that two luxury segments in particular have been the hardest hit. Read More

A new report by Bain & Company estimates that China has surpassed the US to become the world's largest luxury market. Read More