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

These four points unlock the secret to cracking China’s luxury market

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The huge anti-corruption and anti-extravagance campaign led by president Xi Jinping, has transformed China’s burgeoning luxury goods sector forever. Luxury goods have become less accessible to the growing Chinese middle class, and less acceptable for members of China’s elite. Now … Read More

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