With a continuing boom in the market and rising demand from the newly prosperous, China’s luxury consumer market looks increasingly buoyant, according to the 2009 21st Century Deluxe Report.
The report shows a shift in Chinese consumers’ attitudes to luxury purchases, one that has seen them graduate from mindlessly chasing fashion to making far more informed [...]
SHANGHAI (AFP) — Foreign luxury brands looking to win in China need to reach into cities that are barely known to the rest of the world but are home to startling and fast-growing wealth, a series of studies shows.
The majority of China’s rich now live outside of the mega-cities such as Beijing, Shanghai and Guangzhou, [...]
Interesting study released by Trendsbüro about luxury and consumer groups in China.
Not every part of the globe is feeling the recession. CNN’s Kyung Lah reports.
As China sets out to rebuild its artistic heritage, support is coming from an unexpected source: the global luxury industry. The big brands have targeted China – both for exhibition displays and for collaborations with contemporary artists.
When the new 8,000 square meter, or 87,000 square foot, contemporary art and design museum is constructed next to [...]
