luxury shopping
What’s Plaguing Shanghai’s Old School Malls? It’s Not Just COVID-19.
As Hang Lung Properties' sluggish Shanghai performance shows, challenges are plaguing luxury malls. What’s next for China's shopping meccas? Read More
How Hermès Won China’s Heart
Hermès popularity in China is undeniable. Here, Jing Daily analyzes the distinctive elements that helped transform Hermès into a success story there. Read More
Underestimating Moments of Truth: Why Many Luxury Brands Fail with Millennials
How luxury brands can fail with Chinese millennials by underestimating the importance of brand positioning and the perception of Added Luxury Value. Read More
A Stagnant Prada Reckons with A Changing Chinese Customer
Prada’s first-half earnings report indicated that storm clouds are approaching for the brand, particularly in Greater China, with a 2 percent drop. Read More
Gucci Keeps Kering’s First-Half Earnings High — But for How Long?
Gucci keeps Kering’s first-half 2019 earnings high — but for how long? Is Kering’s latest growth spurt soon to taper off? Read More
Why Chinese Consumers Love Luxury Products
While Western-style consumerism interprets luxury consumption as a “way of life” in China, the love of luxury has a Confucian essence. Read More
China’s Wealthy Millennials Want “Newness” and “Speed:” Bain
China’s luxury goods market took its biggest leap forward in sales in six years. The brands that deliver on these key desires will help drive a boom in China’s luxury market… Read More
Record Number of Chinese Tourists Drawn to UK for Cheap Shopping
A cheaper pound has finally resulted in a dramatic uptick in Chinese tourists to the UK, with cheaper luxury retail being a key draw. Read More
Malaysia Launches ‘Mega Sale Carnival’ to Attract Chinese Luxury Shoppers
Malaysia hopes to attract Chinese luxury shoppers with a luxury sales event supported by retailers and the local tourism authorities. Read More
How Will the New Foreign Exchange Regulation Impact Chinese Tourism?
A new foreign exchange regulation that stipulates Chinese banks must report foreign transactions exceeding US$147 could impact tourism spending. Read More
