NEWSLETTER The affluent Indian consumer in 2022

With rising disposable incomes, Indian middle and upper middle class has now become the darling of many luxury brands. More than 300 international brands are planning to enter the India market in the next few years, a clear indication of its potential.

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FEATURED SCMP: As Macau opens up to Chinese tourists, can it become a luxury shopping hub, like Hong Kong or Hainan?

– Hong Kong may be the regional luxury shopping hub, but its strict quarantine rules are keeping the visitors away– Could Macau and Hainan, which have both relaxed regulations, take over from Hong Kong?Tourists from mainland China flooded into Macau last September, when Chinese authorities resumed allowing visits to the

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FEATURED Luxury Daily: How Asian millionaires are rethinking their approach to luxury

Increased financial confidence among millionaires in Asia is fueling their spending on luxury goods and experiences, according to new insights from Agility Research & Strategy. According to Agility’s 2021 Asian Millionaire report, countries in the region are seeing higher luxury spending as economies continue recovering from the COVID-19 pandemic. Many Asian

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FEATURED The Business of Fashion: New Ranking Shows Chanel is Favourite Brand of Wealthy Chinese

Chanel topped a survey of high-net worth consumers in China as their favourite luxury brand, according to luxury research firm, Agility Research and Strategy. The Agility China Luxury Brand Affinity Rankings for 2021 tracked 55 brands across 12 performance and perception metrics, measuring not only how the 1,000 high-net worth

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FEATURED Luxury Daily: Gen Z, lower-tier cities driving luxury growth in China

As China becomes the most critical market for the luxury industry, its affluent and high-net-worth consumers remain optimistic and continue to increase spending on high-end goods. According to new research from Agility Research & Strategy, China’s luxury consumers plan to spend more across all major sectors, with cosmetics, fashion and art

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FEATURED The Business of Fashion: Luxury’s China Report Card: Who’s Winning and Why

LVMH and Hermès saw sales surge in the first quarter of the year, buoyed by strong demand in China. What lessons can other brands learn from their strategies? Last month, luxury giants celebrated a strong start to the year. LVMH reported on April 13 that sales from its fashion business grew

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FEATURED Forbes: China’s Insatiable Demand for Luxury Goods Gets Own Cargo Route

Alibaba’s logistics arm is launching direct cargo flights between Singapore and China’s Hainan Island, seeking to bolster the supply of luxury goods for voracious Chinese shoppers after the pandemic halted global travel. Cainiao Smart Logistics Network Ltd. will run the first direct freight flight from Singapore to the city of

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FEATURED Spa Handbook: Luxury Travel in the Post COVID-19 World

Agility Research’s Affluent Traveller TrendLens Report finds reasons to be optimistic about the return of luxury travel. Amrita Banta highlights the report’s most interesting insights Limitations in international travel brought about by the COVID-19 pandemic are clearly affecting the bottom line not only of travel and hospitality brands, but of the luxury

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The Much Awaited TrendLens Insights and Data for 2021 Is Now Ready

We are excited to let you know that the TrendLens™ 2021 data and insights are now ready!   TrendLens™ 2021 is an essential solution for brands to tap into the pulse of affluent consumers across key markets, to help win wallet share! Through interviewing over 5,000 HNW and UHNW individuals on their 2021 outlook,

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FEATURED Business of Fashion: Young Chinese Are Criticising Consumerism. What Does This Mean for Fashion?

There’s a small but growing movement against heavy spending in the world’s largest fashion market as more young people feel disillusioned with materialism. “Are people slowly waking up from the slumber of consumerism?” a user on Zhihu recently asked his peers. While it’s true that most people visiting the popular

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