retail sales
The Implications Of China’s Economic Slowdown
Slow economic growth combined with plunging consumer confidence are putting global luxury brands under more pressure in mainland China. Read More
Another Chinese Shopper Protests Hermès Sales Tactics
Hermès’ “peihuo 配货” sales tactic, which forces buyers to accumulate transactions to get access to its iconic bags, is under attack in China. Read More
What China’s Moderate Q2 GDP Growth Means For Luxury
China’s GDP in Q2 2021 was slightly below analyst estimates, but retail sales remained strong. Should luxury players be concerned? Read More
China’s Economy Bounced Back – Or Did It?
The Chinese economy bounced back strongly in 2021’s first quarter, according to China’s National Bureau of Statistics, but can we trust these numbers? Read More
China’s Weak July Could Spell Trouble For Luxury Brands
China announced its total retail sales of consumer goods during July reached $4.64 million (3.22 billion yuan), which was lower than predicted. Read More
