HNWI
How To Woo Big Spenders? LV, Chanel, And Dior Open VIP Salons At SKP Beijing
At Beijing SKP, Chanel, Dior, and Louis Vuitton have opened dedicated salons for their top VIP spenders. What’s the return on investment? Read More
First Revenge Buying, Then Panic Selling. Is China’s Luxury Fever Cooling Down?
Chinese HNWIs are selling their Rolex and Hermès to raise quick cash. As the economy tumbles, is luxury really recession-proof? Read More
The Implications Of China’s Economic Slowdown
Slow economic growth combined with plunging consumer confidence are putting global luxury brands under more pressure in mainland China. Read More
Is Luxury Discriminating Against China’s Lower-Tier Cities?
With first-tier cities oversaturated with luxury brands, it’s only logical that they look to China’s lower-tier areas to expand. So what’s the holdup? Read More
What Does Cryptocurrency Volatility Mean For Asian HNWI Investors?
Recent months have seen the cryptocurrency world rocked by widespread volatility, with cryptocurrency valuations plummeting in May. Read More
How China’s Zero-COVID Policy Will Change the Luxury Market
Mounting layoff anxiety from some of China's most robust industries has started to shake the myth of social mobility for the country’s younger workers. Read More
3 Sectors That Have Massive Potential With China’s HNWIs
The substantial growth of household wealth in China has created emerging opportunities for luxury brands. Here are three categories bursting with potential. Read More
How Chinese Collectors Drive Luxury Demand
As collectors search for appealing investments, a new generation of young Chinese want luxury goods as assets that also reflect individuality and status. Read More
Should Luxury Worry Over China’s Celeb Tax Crackdown?
China is conducting regular tax investigations on its high-income stars and influencers that carry severe penalties. But are China’s HNWIs the next in line? Read More
Is China’s Curb on ‘Excessive Income’ Actually Good for Luxury?
China wants to curb “excessive” incomes and focus on moderate wealth for all. What does this mean for luxury brands banking on the country’s elite? Read More
