Global luxury brands slow store expansion on mainland China

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The Hang Lung Plaza in Shanghai. Photo: Xinhua The glitzy romance between the landlords of mainland shopping centres and global luxury brands has entered a rocky patch as many top-end labels ease up on the pace of store openings in … Continue reading

Luxury in China Loses Lustre as Wealthy Flee

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Dior store in Beijing | Source: Shutterstock HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like … Continue reading

What to Expect from China’s Retail Market

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China’s retail landscape is evolving. While there remains plenty of growth from this market, market dynamics have changed and retailers need to find ways to adapt to a landscape rapidly changed by rising affluence and new technology. What can we … Continue reading