luxury crackdown
Younger Cognac Drinkers Soften Rémy Sales Slump
As sales growth slumps for high-end cognac in China, Rémy Cointreau continues with its robust efforts to target a younger nightlife crowd. Read MoreChina’s Attack on Hedonism A Mixed Blessing for Luxury Brands
Among watchers of global luxury industries, few issues are more hotly debated today than China’s ongoing crackdown on corruption and the corresponding effects on purveyors of luxury goods. Columnist Renee… Read MoreUltra-Luxury Auto Sales In China Surprisingly Robust, But Are They Sustainable?
Given the current “wait-and-see” attitude that many wealthy Chinese are taking towards flashy luxury purchases at the moment, it’s perhaps surprising that the country’s ultra-high-end auto market remains so strong. Read More