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FEATURED Luxury Daily: South Korea is bright spot for luxury in 2020

The luxury market is not feeling the same COVID-19-related pressure in South Korea as it has in other regions of the globe. In fact, during the early virus outbreak in January and February 2020, when China was shutting down, the top three local department stores in Seoul had a surplus

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FEATURED Luxury Daily: China’s return gives luxury brands hope of positive global outlook

Luxury marketers can learn two key post-COVID-19 lessons from China: brands should maintain connections with their loyal VIP shoppers and embrace the new digital and virtual lives that consumers have built even when stores reopen. China has shown the way to bounce back, according to the webinar, “China Luxury Rebound:

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FEATURED WARC: China’s wealthy shift spending focus

China’s luxury sector has been especially savaged by the fallout from the COVID-19 crisis, and one customer may be hardest to win back, the most desirable of all, the High Net Worth Individual (HNWI). Evidence suggests these wealthy and super-wealthy consumers are still spending, but it’s not entirely clear on

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FEATURED Jing Daily: Chinese HNWIs Keep on Spending — But on What?

Experts agree that COVID-19 is no longer simply a transitory economic event, but something much, much larger, with the potential of turning the initial economic shock into a global recession. The luxury sector, which pre-crisis thrived on millions of Chinese consumers and high-net-worth individuals (HNWIs), has been particularly hit hard by this unprecedented

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