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Tag

gifting

  • China’s Millionaires Prefer Apple and Chanel as Luxury Gift Spending Rebounds

    Liz Flora  |   Share
    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
  • China’s High-End Mooncakes Muted for Mid-Autumn Festival

    Jessica Rapp  |   Share
    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
  • How Lane Crawford’s ‘Unique’ Business Model Defies China’s Anti-Graft Drive

    Jing Daily  |   Share
    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
  • Shanghai Shoppers Leave New Yorkers In The Dust For Luxury Buys

    Jing Daily  |   Share
    When it comes to luxury shopping, Shanghai residents buy more and spend more than New Yorkers, finds a new report. Read More
  • Luxury Gifting By China’s Wealthy Plummets 25 Percent

    Jing Daily  |   Share
    Hurun's annual survey finds that China's high-net-worth individuals scaled back big time amidst the government's austerity campaign. Read More
  • Spring Festival Spotlight | Davidoff ‘Year Of The Horse’ Cigars

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

    Study Links CCP’s Crackdown To Business Banquet Spending Slump

    Jing Daily  |   Share
    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
  • Burberry Jumps On Chinese New Year Bandwagon

    Jing Daily  |   Share
    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
  • Luxury Gift-Giving In China: Down, But Definitely Not Out

    Jing Daily  |   Share
    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
  • China Now World’s Largest Luxury Market: Bain Report

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