price increase
Can C-Beauty Brands Cultivate Loyal Consumers?
C-beauty brands are sliding down the ranks at China’s shopping festivals, and most have a lack of user stickiness to blame. How can they survive? Read MoreHow Will US Inflation Impact Chinese Luxury?
At first sight, US inflation might seem like a win for China. But the reality is that everyone loses from it. Read MoreHedi Slimane’s Celine Is Riding High in China — For Now
After three years under the helm of creative, artistic, and image director Hedi Slimane, CELINE experienced double-digit growth, driven by Chinese Gen Zers. Read MoreCan The China Market Handle More Luxury Price Increases?
On the heels of Hermès’ price increase, brands like Bottega Veneta and Louis Vuitton are rumored to be raising their prices as well. Read MoreRising Luxury Cosmetic Prices In China Outpace Tax Reductions, Fueling Frustration
Recent moves by Beijing to lower import taxes for high-end cosmetics have had little effect, as price increases of anywhere from 5-15 percent by the brands themselves have outpaced tax… Read More