luxury consumption
62% Of Chinese Luxury Shoppers Are Buying At Home Vs. In European Capitals
The days of buying in bulk in Europe are over. Last month, more than half of luxury purchases by Chinese shoppers took place locally. Read More
Luxury Shifting from Material Goods to Mindfulness: Euromonitor
Euromonitor uncovers several disruptors in the global luxury business, including an emphasis on experiences and sustainability. Read More
Thanks to China, LVMH First Quarter Sales Grew 13 Percent
The fashion and leather goods departments performed even better, achieving 25 percent growth year on year. Read More
What the Annual $15,000 Withdrawal Cap Means for Luxury Brands
Our guess on the annual 15,000 withdrawal cap? Smart retailers who already accept payments over WeChat pay, Alipay, and UnionPay are unlikely to be affected. Read More
How the Rich in China Spend Differently than the Rich in America
While the culture and and traditions have remained largely in tact in China and the US, the spending habits of the wealthy in each country have changed. Read More
10 Lessons from China’s Dominant E-Commerce Game
The latest report by Boston Consulting Group reveals 10 key reasons that China is beating the West in the e-commerce industry. Read More
Chinese Millennials Covet Dior, Prada When Shopping Abroad
Dior, Prada, Gucci and Coach are the top brand picks for Chinese millennials shopping abroad, according to a recent WeChat survey. Read More
Chow Tai Fook to Open up to 100 New Stores in Mainland China
The Hong Kong jeweler sees major potential for growth in mainland China’s third-tier cities as domestic spending rebounds. Read More
Chinese Millionaires Lead a New Status-Driving Trend: Adventure
High net worth Chinese travelers are becoming more adventurous in their travel plans as they seek out adventurous experiences over shopping. Read More
This Chinese Designer Shows High-End Customers How to Dress Green
Tiffany Pattinson has established her eco-friendly brand in China and is taking things a step further by offering VIP customers a more holistic experience. Read More
