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Tag

second-tier

  • China’s Luxury Shoppers ‘More Emotional’ In First-Tier Cities

    Jing Daily  |   Share
    An extensive new research report comparing spending habits between Chinese city tiers finds that luxury shoppers in different locations are buying for significantly different reasons. Read More
  • Report: China’s Retail Growth ‘Remains Vigorous’ With $1.7 Billion In Sales

    Jing Daily  |   Share
    A new report by Cushman & Wakefield finds that China is Asia's largest retail economy with top growth rates concentrated in lower-tier cities. Read More
  • Ferragamo Bets Big On China’s Rapid Second-Tier Growth

    Jing Daily  |   Share
    The Italian luxury brand's CEO believes that Beijing and Shanghai have been "overestimated" in terms of growth potential, but is pleased with the company's lower-tier expansion plan. Read More
  • How ShangPin Plans To Win Big In China’s Luxury E-Commerce Market

    Jing Daily  |   Share
    Luxury e-tailer ShangPin's launch of a new e-flagship model is part of a multi-pronged approach to gaining an edge in China's fiercely competitive luxury e-commerce market. Read More
  • Luxury Hotels Close In On China’s Second-Tier Hotspots

    Jing Daily  |   Share
    Now that first-tier locales are inundated with luxury hotel choices, the world's top companies are moving into smaller cities that have big demand for five-star accommodations. Read More
  • Why Marketing Tiers Are Only Half The Story In China

    Jing Daily  |   Share
    First-, second-, and third-tier city designations are useful, but regional cultures should also play an important part in brands' marketing strategies. Read More
  • Cartier Shares ‘Story Of Style’ At Shenyang Exhibit

    Jing Daily  |   Share
    After sponsoring a 2009 Beijing Palace Museum exhibition, the iconic French jeweler branches out into second-tier territory. Read More
  • Chengdu’s ‘Shrine To Shopping’: A Peek Inside The World’s Largest Building

    Jing Daily  |   Share
    With an indoor beach, aquarium, mall, hotel, and more, it's hard to comprehend the sheer immensity of the New Century Global Center. Read More
  • China’s Luxury Slowdown ‘Not A Setback’

    Jing Daily  |   Share
    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 More
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    Second-Tier Multimillionaire Growth Leaves Beijing, Shanghai In Dust

    Betty Chen  |   Share
    China's first-tier cities may still have the country's most multi-millionaires, but a new study says lower-tier centers like Chongqing are catching up fast. Read More
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Jing Daily KraneShares China Global Luxury Index

Track the global market performance of the luxury sector in China. With current news updates, share prices, and stock market data based on Chinese consumer interest, this index monitors the overall health within the market.

Daily Returns: 03/17/2023

Index LevelDaily Change% Change
255.27-$0.89-0.35%
LVMHKeringRichemont
+$4.06+$1.41+$0.36
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