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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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Subscribe to Agility TrendLens™ 2021 Data and Insights

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, luxury purchase behaviour and lifestyle choices, TrendLens™ 2021 offers insightful data to guide decision making and

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FEATURED WWD: Chanel and Dior Top China Luxury Brands Ranking

Agility Research surveyed 1,000 high-end shoppers across 40 Chinese cities. SHANGHAI — Chinese shoppers are crazy for Chanel, according to a ranking by Agility Luxury Brand Affinity. The French maison was the top-rated brand out of 55 tracked names by the Singaporean-headquar … To read the full article, please click

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NEWSLETTER The Land of the Rising Sun – Japan Stands Strong

With the Olympics scheduled to start in the next 3 months, all eyes will be looking at Japan’s return to the world stage. Japan has not had this kind of global exposure in a long while, with the spotlight taken by the rapid growth of neighboring China.  Yet, for many brands, Japan remains

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NEWSLETTER The Hainan Luxury Hotspot – Fad or Trend?

Over Chinese New Year this past February, the Champs-Élysées in Paris, Via Montenapoleone in Milan, and Oxford Street in London were all empty, in stark contrast with the previous year. Meanwhile, during that same span the duty-free sales volume in Hainan surpassed 1.5 billion RMB (230 million USD), with average daily

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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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FEATURED Business of Fashion: Luxury’s Southeast Asia E-Commerce Opportunity

Growing demand for luxury goods is coinciding with an e-commerce boom in key markets like Singapore, Indonesia and Thailand, but brands are behind the curve. China’s seemingly unstoppable rise as a luxury spending powerhouse has, in recent years, crowned its shoppers the be-all and end-all for high-end brands. “Southeast Asia’s

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NEWSLETTER Agility’s Luxury Leaders Study – A Better Year Ahead

At the start of each year we speak with some of the most prominent global leaders in the premium and luxury space, across key sectors such as wealth management and finance, automotive, luxury fashion retail, cosmetics and fragrance, and travel and hospitality, to understand how they view their industry’s prospects, what their

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FEATURED Jing Daily: 7 Luxury Sectors Chinese Consumers Love Post-COVID

Key Takeaways: The adoption of a healthier, minimalist lifestyle pushed consumers to embrace the Dieter Rams mantra: “Less, but better.” Instead of pursuing trends and the latest fashions, Chinese luxury shoppers want investment pieces. The second Wave Of The Trend Lens consumer study conducted by Agility Research & Strategy shows

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