middle class
China’s Middle Class: the Savior for Coach’s Flagging Sales
Coach may be struggling in the North America market, but China's accessible luxury boom is still a significant source of growth for the American brand. Read MoreInfographic: The 2020 Chinese Consumer
Thanks to a rising middle class, brands need to get ready for some big shifts in the Chinese consumer base over the next five years. Read MoreEconomist: China Luxury Slowdown ‘Short Blip’ In Big Picture
A new Economist Intelligence Unit report argues luxury brands hit by slowing China growth should look at the market's long-term potential. Read MoreSun, Ski, And Springs: China’s Leisure Boom Has Mainland Resorts Popping Up Everywhere
From family-friendly theme parks to chic spa getaways, China's burgeoning upper-middle class has prompted a wave of domestic resort construction. Read MoreMacau Gets Less Frustrated With Corruption—Because It’s Making Business Boom
A new survey finds that Macau business executives' frustration with corruption has gone down this year, but that may not be because it's going away. Read MoreWhere China’s Wealthy Are Headed For Chinese New Year
Upper-middle-class and high-net-worth Chinese travelers are headed abroad for the Lunar New Year, but they have different locations in their sights. Read MoreFrom WeChat To Peng Liyuan: The Top 10 China Luxury Stories Of 2013
This past year has been a whirlwind for the luxury industry in China. Check out Jing Daily's list of the top 10 stories that shaped the market in 2013. Read MoreChina’s Luxury Slowdown ‘Not A Setback’
A new report by the Economist Intelligence Unit on Asia's luxury market says that although China is currently in slowdown mode, look 15 years ahead to get the full growth… Read MoreMcKinsey: China’s Upper Middle Class To Drive Global Luxury Consumption
A new McKinsey report analyzes the demographics, geography, and future consumption patterns of China's rapidly growing middle class, and several key factors bode well for the luxury industry. Read MoreThink China’s Luxury Consumers Are All The Same? Think Again.
China's oft-mentioned "luxury market" actually consists of two very distinct groups, argues columnist Nick Cakebread. Read More