agility-research

03 Jul, 24

Yes to quiet luxury, Paris and Hong Kong — China’s millionaires have spoken

Post-pandemic, China’s affluent prefer Hong Kong and France for luxury shopping, valuing exclusive experiences and limited-edition items. What happened Hong Kong and France have emerged as the top post-pandemic shopping destinations for China’s millionaire travelers, according to a new survey by Agility Research and Strategy. A survey of 2,000 affluent and high-net-worth individuals (HNWIs), conducted by Agility’s TrendLens […]
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03 Jul, 24

Why China could become the luxury industry’s next sore spot

SHANGHAI/PARIS, July 19 (Reuters) – The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest Chinese economic figures and a disappointing sales update from Cartier-owner Richemont suggest both markets may be starting to slow. Major luxury brands have invested millions to reach new customers in the two […]
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