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Luxury Spending
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Chinese Luxury Spending to Reach 120 Bln USD in 2016
Oct 17, 2016Chinese luxury spending is expected to reach 120.4 billion U.S. dollars in 2016, up 3 percent year on year, according to a report on Friday. The growth rate is down from last year's 10 percent as a sluggish economy dampens consumption of ...
Tags: Luxury Spending
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Diamond Story of The Year: Return of Generic Advertising
Feb 6, 2016Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...
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Blinging Down Botswana's Economy
Sep 18, 2015It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
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China's Demand for Luxury Goods Reduced
Jan 21, 2015Sales of luxury goods slowed in China , with the growth rates falling for the first time amid slowing economic growth and brand proliferation, a new study said on Tuesday.China's luxury market is undergoing a fundamental shift, brought on ...
Tags: Luxury Goods, economic growth
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China Luxury Market Cools Down
Dec 19, 2013Growth in luxury spending on the Chinese mainland is expected to cool to 2% in 2013, down from 7% last year, according to the China Luxury Goods Market Study for 2013 published by the international consulting firm Bain & Company, Xinhua ...
Tags: Luxury Market, Luxury Products, Economy
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China Is The No. 1 Luxury Spender Worldwide
Dec 18, 2013Fang Ying’s December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary working in Shanghai, writes one every month for friends and family traveling abroad. Fang is not alone. ...
Tags: handbags, perfume, Luxury Spending
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Americas Region Surpasses Estimating 2.5% Growth Rate for China as Luxury Spending
Oct 30, 2013Reversing the trend of recent years, the Americas region is the king of the luxury goods spending hill, estimated to grow at four percent in 2013 versus 2012, surpassing the estimated 2.5 percent growth rate for China, as luxury spending in ...
Tags: Luxury Goods, luxury market
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Sales of High-end Tea in Guangdong Province Before Mid-Autumn Festival Have Declined
Sep 18, 2013Sales of high-end tea in Guangdong province before Mid-Autumn Festival have declined sharply due to government policies to limit luxury spending with public funds. "High-end tea, along with mooncakes, is usually used as gifts during some ...
Tags: High-End Tea, mooncake
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The Woolmark Company Organised a Seminar in New Delhi on 'Wool-ersatility and Luxury'
Mar 13, 2013The Woolmark Company, the global authority on Merino wool, organised a seminar in New Delhi on ‘Wool – Versatility and Luxury’ where industry leaders shared their knowledge and thoughts on the potential of premium and ...
Tags: Woolmark Company, Merino wool, Seminar
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Global Luxury Goods Market Will Grow Overall by 10%in 2012
Oct 25, 2012Bain Projects Global Luxury Goods Market Will Grow Overall by 10%in 2012,Though Major Structural Shifts in Market Emerge Strong Holiday Sales Will Cap Off Strong Performance in 2012 Worldwide luxury goods market revenues will grow by ...
Tags: revenues, luxury goods market, growth
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Gucci Kids,Burberry Children,Armani Junior and Baby Dior Expanded in China's Major Cities
Jun 14, 2012Gucci Kids,Burberry Children,Armani Junior and Baby Dior have expanded in China's major cities and become the drivers for luxury spending in China. Wealthier Chinese consumers say they spent more than 376 euros per month on luxury ...