HNWI
China’s Luxury Market Shines Despite Global Consumer Concerns
Most surveyed global consumers intend to reduce their consumption in the next six months. China’s luxury market is set to buck that trend. Read More
Mainland China Drives Global Luxury And Brands Downsize In Hong Kong: PwC Report
China is expected to account for 25 percent of the global luxury market by 2025. How can brands best prepare for this change? Read More
Bain: Chinese ‘Very Important Clients’ On The Rise, 2% Of Global Consumers Contribute To 40% Of Luxury Spending
China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Read More
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
