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Why is Luxury Slowing in China Despite a Million New Millionaires?
This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up” box on the right. The growth of mainland China’s luxury market may be slowing, but potential...
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Jing Daily Launches Flash Report: Understanding China’s Luxury Slowdown
Faced with slowing economic growth, an ongoing anti-corruption campaign, evolving consumer tastes, and high tariffs on imports, China’s luxury market has entered a “new normal.” The days of...
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China’s Luxury E-Commerce Boom Means ‘Ostrich’ Brands Lose Out
Burberry’s Tmall shop. While many luxury brands across the world have embraced e-commerce wholeheartedly, some historic labels like Chanel and Hermès are holding out on selling their goods online for...
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Jing Daily Report Launch: ‘The New Chinese Student’
The number of Chinese students heading to U.S. universities is growing rapidly every year, and their arrivals mean big opportunities for brands. As businesses strive to adapt to this rising...
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Jing Daily Launches Flash Report: Beyond Hong Kong
As luxury shopping in the Hong Kong market loses its appeal to wealthy Chinese mainlanders due to more accessible travel elsewhere, local hostility toward the mainland tourist influx, and higher...
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China’s ‘Post-Millennials’ Embrace Emojis and E-Commerce as Brands Study...
China’s younger generation is more digitally savvy and individualistic, according to a new study. (Shutterstock) For brands still struggling to understand Chinese millennials, it’s time to get ready...
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Luxury’s ‘Asian Era’ Solidifies with Double-Digit Growth of Wealth
The growth of Asia’s HNWI population over time. (Capgemini) This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up” box on the right. While China has been...
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Report: Outbound Chinese Traveler Spending to Hit $422 Billion
A Chinese travel group takes a photo in Belgium. (Shutterstock) The world’s biggest tourism spenders since 2012, outbound Chinese travelers are poised to become an even more powerful force within the...
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China’s Luxury Shoppers Spent 28 Percent More Online in 2015
Chinese luxury consumers’ top reasons for buying online. (KPMG) This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up” box on the right. While many...
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Study: China’s Stock Slump Hasn’t Dented Chinese Shoppers’ Luxury Appetite
Du Juan in Vogue China. This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up” box on the right. China’s luxury consumers may be savvy when it comes to...
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Luxury Retailers Adapt to ‘Oversaturated’ China Market
Shanghai’s Kerry Center. (Shutterstock) As China’s luxury sales slow, a new report finds that brands’ rush to open new retail spaces has tapered off as well. Instead of rapid expansion, retailers are...
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These Luxury Brands are Best at Balancing Exclusivity and Demand in China
Chanel is at the top of the hierarchy of luxury brands for both awareness and desirability among Chinese women. (Facebook/Chanel) How do Chinese women really feel about that next big luxury collection...
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Report: Selection, Experience, and Economy Weigh on Chinese Luxury Consumer...
The IFC luxury mall in Shanghai. (Shutterstock) High prices of luxury goods in China may be sending shoppers abroad in record numbers, but a new report states that product selection and economic...
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China Slowdown Looms Large Over Global Luxury Real Estate Market for 2016
Knight Frank’s luxury property price growth forecast for 2016. (Knight Frank) As China’s economic growth slowdown continues, it’s set to have a ripple effect across luxury real estate markets in top...
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From Chinese ‘Tourists’ to ‘Travelers’: Millennials’ Shifting Tastes Shape...
Chinese millennials are increasingly rejecting group tours when they travel abroad. (Jing Daily) This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up”...
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Luxury Retailers Scale Back China Brick-and-Mortar Expansion in 2016
A Louis Vuitton store in Shanghai. (Shutterstock) This article was published earlier in our weekly newsletter. Sign up through our “Newsletter Sign Up” box on the right. As Chinese luxury spending...
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Chinese Tourism Outlook for 2020: Japan to Soar While Hong Kong Slumps
Shoppers in Tokyo’s Ginza district that is popular with Chinese visitors. (Shutterstock) As China’s outbound tourism market continues to boom, the world’s top destinations will see clear winners and...
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China’s Younger Generation Set to Spend Big While Parents Stay ‘Frugal’
Members of China’s younger generation are expected to see a spending growth rate that is twice as high as that of the older generation. (Shutterstock) As China’s older generation remains cautious and...
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China’s Affluent Spend More on Experiences While Luxury Shopping Remains...
A Hermès store in Shanghai. While many Chinese luxury consumers still plan to spend more on luxury goods this year, more plan to increase their travel spending. (Shutterstock) While Chinese luxury...
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Survey: Burberry and Saint Laurent Win with Chinese Millennials
A Saint Laurent store in Shanghai. The brand did particularly well with Chinese millennials in a recent survey. (Shutterstock) This article was published earlier in our weekly newsletter. Sign up...
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