Shanghai Motor Show reveals luxury cars are making comeback in China

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Ferrari, Aston Martin, Maserati, McLaren, Lamborghini and Porsche are all cashing in on China’s big spenders Four years after China’s President Xi Jinping started cracking down on corruption and conspicuous consumption, the most extravagant fast cars are making a comeback. … Read More

Chinese tourists spent 12% more in travelling abroad in 2016

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2016 results on expenditure from major outbound markets reflect increasing demand for international tourism across the world, with a 12% increase in spending, China continued to lead international outbound tourism, followed by the United States, Germany, the United Kingdom and … Read More

Report: China to Overtake U.S. as Digital Market Leader for Luxury Watch Brands

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Luxury watch brands like Tag Heuer have been increasing their digital presence in China in recent months, and the timing couldn’t be better—Chinese consumers are now visiting luxury watch websites more than ever before. Visits to luxury watch websites from … Read More

Young, Rich and Responsibility Free: How Luxury Brands Are Persuading Wealthy Chinese Millennials to Spend Their Cash

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Young, wealthy Chinese consumers broadly fall into two camps: the first is the ‘fuerdai’ (literally ‘second generation rich’), or millennials who have inherited wealth from their parents and spend it on luxury goods in order to gain status and be … Read More

Alibaba’s “New Retail” Model: A Better Omni-Channel Experience for Luxury Consumers?

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In just a few years, the explosive development of the e-commerce industry in China has led to the revolutionary transformation of the ways in which luxury brands do business there. Alibaba group has played a crucial role in shaking up … Read More

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