Making News

Jeff Meng, a 25-year-old watch lover from a well-heeled Guangdong family, had 160,000 yuan ($22,800) burning a hole in his

Despite an early outbreak of Coronavirus, South Korea’s luxury market showed more resiliency compared to other countries, with major department

The luxury market is not feeling the same COVID-19-related pressure in South Korea as it has in other regions of

While all eyes are on China, our data shows that luxury brands should focus their attention on another important luxury market

Luxury marketers can learn two key post-COVID-19 lessons from China: brands should maintain connections with their loyal VIP shoppers and

While much of the world has continued to reel from the impact of the Covid-19 pandemic, China – the world’s

Experts agree that COVID-19 is no longer simply a transitory economic event, but something much, much larger, with the potential of turning the

Half of luxury leaders expect the COVID-19 crisis to go on for a few months before things go back to

As it declares peak over in the country, China says others should learn from its efforts. BEIJING • The global

The luxury industry faces a bleak 2020 as shop and manufacturing closures increase in Europe and the US. Key takeaways:

As outbreak hiatus ends, ‘revenge spending’ emerges Chinese shoppers are slowly returning to the glitzy malls and boutiques where they’ve

Western retail is just beginning to feel the real effects of the coronavirus outbreak. Initially, some categories actually received a

The Harvard Business Review released a new study questioning the “trickle-down effect” in luxury consumption while presenting an interesting new cultural phenomenon:

Chinese shoppers are slowly returning to the glitzy malls and boutiques where they’ve been driving growth of the global luxury

过去数十年里，中国已经成长为世界第二大的经济体，而中国的奢侈品产业也迎来快速发展期。不过当前情况导致市场发展停滞，也将严重影响全球经济的走势。 三月份以来，中国慢慢开始复工复产，但很难说商业活动和消费信心什么时候能恢复到正常水准。二月中旬，意大利奢侈品牌委员会 Altagamma 联合咨询公司 BCG、资产管理公司 Bernstein 推出调查显示，奢侈品牌高管预估 2020 年行业的整体利润将下滑 3084 亿元，不景气的情况或许要到 2021 年年初才会有所改善。 中国近年逐渐攀升的消费总数和消费信心曾经极大推动了奢侈品市场的发展，但这种好日子或许要到头了。当下，中国通货膨胀隐忧加剧。国家统计局的数据显示，中国居民消费物价指数（CPI）在 2020 年 1 月份同比上升至 5.4%，而 17

Over the past number of decades, China has become the world’s second-largest economy and the fastest-growing market for the luxury

Going through the list of travel and event cancellations for the team and myself  for the next two months got

The goji berry, which has been part of Chinese culture since the 3rd Century, is now being viewed as one

在电商经济高速发展的中国，万元珠宝网上卖也许并不是一件特别稀奇的事。但是，当行业领军品牌卡地亚 (Cartier) 也入局将所有产品线全价网上卖的时候，是否预示着这个传统行业下一次变革的大方向？ 1月9日，法国奢侈珠宝品牌卡地亚正式宣布在阿里巴巴旗下的天猫奢侈品平台 Luxury Pavilion 开设官方旗舰店，进一步深化在中国的电商战略。此举也是继 2015 年在官网上开设精品店后，卡地亚与中国数字消费者建立进一步联系的全新尝试。 目前，卡地亚的天猫旗舰店内销售珠宝、腕表和配饰在内的全系列产品，并提供刻字、特别礼盒等个性化定制服务，消费者也可通过天猫专有的免息分期付款方式购买。为扩大此次发布在年轻人中的影响力，品牌携手中国时尚偶像王嘉尔发布了两个独家系列：镶钻的新款 Juste un Clou 手镯（售价为 32300 元）和新款 Guirlande 链条手袋（售价为 9350 元）。 卡地亚中国首席执行官

On 9 January, French high jewellery brand Cartier ramped up its e-commerce strategy in China with the opening of an

2020 is off to a resounding start and within 27 days we see two new years, the latter being the Chinese

What a great year this has been both for us as a business and team and also for most of

China’s millennial and Gen Z audience is looking for brands to speak with them rather than at them, as a study shows

Millennials – a group over 300 million strong – are a key source of growth for many brands in China.

Observations by Ali Mirza, CEO AFFLUENTIAL™ Last week on one of my regular business trips to meet with our teams

Millennials – a group over 300 million strong – are a key source of growth for many brands in China.

Women have always been a priority segment for luxury brands, and as female spending power has increased, the luxury sector

Amrita Banta, managing director of Agility Research and Strategy Just this week, Apple unveiled its line-up of new products for

Women in Asia Pacific have always been the driving force behind the growth of the economy in the region. Sophisticated

With the rapid rise of women entering the workforce or becoming entrepreneurs, they are increasingly gaining affluence, with a sizable

There is no doubting the new Affluent Chinese consumers’ enthusiasm for travel. These days it is hard to find a

Despite demographic similarities regarding age, geography and wealth, Asian affluents have varying interests and cannot be treated as a monolith.

Amrita Banta, managing director of Agility Research and Strategy Drawn to the dynamism of insights that fuel the luxury and

Nearly 60% of the world’s millennials live in Asia, and their relatively free-spending ways are proving to be a boon

Affluent and high-net-worth (HNW) individuals are increasingly thinking about their role as responsible global citizens. With the risks from major

Adding further weight to several pieces of research commissioned by ILTM Asia Pacific and presented during its annual event in

As China has affirmed its place as one of the most influential luxury markets, India’s luxury business has seen double-digit growth

China’s luxury sector has been especially savaged by the fallout from the COVID-19 crisis, and one customer may be hardest

We are in the middle of extremely turbulent times with unprecedented disruptions to consumer behaviour and supply chains across the