China’s Affluent Spend More on Experiences While Luxury Shopping Remains ‘Steady’

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While Chinese luxury consumers still love to shop for their Chanel and Hermès handbags, a new report finds that they’re continuing to allocate a growing portion of their leisure spending to luxurious experiences such as travel and spa treatments. According … Read More

Now, start-ups create market for pre-owned luxury items

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Mumbai, March 14: Luxury brands may not get enough traction through e-commerce sites but there seem to be enough takers for pre-owned luxury goods. New start-ups Envoged, Luxepolis and Confidential Couture are targeting ‘aspirational’ yet ‘value’ seeking Indian consumers for … Read More

The luxury villa experience goes beyond the view

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Luxury travel is one of those categories that seems unaffected by the global economic mood. The push for ‘experiences over shiny things’ has created a booming market as affluent millennials choose to spend their dollars on luxury travel and tours. … Read More

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