Luxury Tag

People like Celia Yu belong to a cohort of millennial parents in China whose purchase power is huge but whose needs are probably still underserved by the market...Read More
China will cement its status as the sweet spot for luxury goods companies in 2018, with younger Chinese shoppers in particular set to power industry growth.Read More
After several years of slumber, China’s luxury market is finally returning to growth. You would not know that, though, from peering into its — mostly empty — high-end stores.Read More
Spend, spend, spend. That’s the clear picture that’s emerging of the 18-to-twentysomething Chinese consumer. New generational patterns, the convenience, and speed of mobile buying and a rabid consumer culture are to blame.Read More
Flower culture in China has been traditionally associated with extravagance and prosperity. In more recent years, however, a rising middle class seeking a lifestyle upgrade have created a new opportunity for florists. Read More
Chinese travelers are going abroad in record numbers—130 million international trips according to Ctrip and the Chinese Tourism Academy, resulting in an unprecedented impact on the environment. Read More
As Western retailers and luxury brands look to attract the next generation of shoppers, they need only look to China, who’s younger consumers and millenials are snapping up luxury products faster than one can say ‘Gucci’.Read More
Chengdu International Finance Square has introduced more than 600 brands, including such international names as Chanel, Dior, Fendi, Louis Vuitton and Prada.Read More
Swiss watch exports to the US fell 0.4 % in November, by contrast, sales surged 40 % for the month in China - the biggest jump in almost three years.Read More
Chinese consumers accounted for 21 percent of the global luxury goods market in 2016, making the country the second largest luxury market in the world.Read More