third-tier
Coach’s China Ambitions
Though the fundamentals look good for Coach in China, many companies engaged in rapid expansion efforts are finding out that growth in China's potentially lucrative second- and third-tier cities can… Read MoreIs Luxury Consumption A Window To China Or A Carnival Mirror?
Today, two Chinese-language articles give us two views of the Chinese luxury industry, with one hinting that high-end consumption is a window into China's economic development and another positing that… Read MoreHow Can Luxury Brands Entice Mainland Shoppers To Buy Locally?
China's comparatively high luxury tax has been something of a double-edged sword for the government as the number of middle- and upper-middle-class urban Chinese with an appetite for luxury goods… Read MoreMCM Opens First Free-Standing Duty-Free In Chongqing
This year, construction is scheduled to begin on the world's largest duty-free emporium, which is due to open doors in Haitang Bay, Sanya in Hainan province in 2012. On a… Read MoreGucci Learns To Speak Chinese
The last decade has been good for Gucci in China, with the company going from a handful of boutiques in top-tier cities in 2000 to 30 locations in more than… Read MoreSecond- And Third-Tier Cities Powering Auto Sales
Although few outside of China may be unfamiliar with cities like Ningbo, Lanzhou, and Wenzhou, these small (by Chinese standards) cities still have untold numbers of prospective first-time buyers, on… Read MoreJing Book Review: Chocolate Fortunes By Lawrence L. Allen
Lawrence L. Allen's Chocolate Fortunes -- a masterfully written journey into the "Chocolate Wars" of the '80s and '90s -- should be required reading for anyone even remotely interested in… Read MoreChinese Spending Buoys LVMH
LVMH Moët Hennessy • Louis Vuitton S.A., the mighty global juggernaut, has had a bit of a rough year in the traditionally reliable markets of North America, Japan and Europe. Read MoreChina’s Rural Areas Show Potential To Drive Future Economic Growth
“Seeds Of Change” Starting To Appear In Formerly Destitute Areas, Motivating Entrepreneurs To Develop Remote Countryside For years, China’s hinterlands have benefitted little from the huge economic growth that has… Read More