China’s crackdown on luxury gifts raises industry fears

Industry News, Trends 3 Comments | 3,086 views

For the past few years, as financial chaos tore through the US and a sovereign debt crisis crushed growth in Europe, the world’s luxury goods groups have done the best business in at least a decade. The reason? China. Between … Continue reading

3 Trends That Show It’s The Right Time For Indie Labels In China

Industry News, Trends 2 Comments | 1,460 views

A look by 3.1 Phillip Lim, a niche label that’s becoming more available in China. (3.1 Phillip Lim) Even amidst slowing growth in China, for brands yet to establish a presence in the world’s second largest economy, gaining a foothold … Continue reading

Poor In-Store Experiences Drive Mainlanders to Shop Overseas

Industry News, Trends 1 Comment | 3,239 views

About 92 percent of Chinese consumers indicated that they were dissatisfied with brands’ services in China, according to the recent 2014 China Luxury Forecast report jointly released by Ruder Finn and Ipsos Group. The study forecasts luxury purchasing trends in China for … Continue reading