world luxury association
World Luxury Association Under Fire In Fraud Scandal
Chinese state media is reporting that the World Luxury Association has been accused of fraud by the Beijing Administration for Industry and Commerce, and the organization's license is expected to… Read MoreChinese Luxury Spending Reportedly Plummets At Home, Skyrockets Abroad
A new report holds that Chinese consumers spent a relatively spare US$830 million on luxury items domestically from January 20 - February 20, a 53 percent drop from last year's… Read MoreReport: Chinese Shoppers Spent 400% More On Luxury Goods Overseas Than At Home
Of the US$69 billion the World Luxury Association says Asian tourist-shoppers spent on luxury goods in Europe last year, nearly $50 billion was spent by Chinese, meaning these individuals spent… Read More