From the Capital of Commerce to the Capital of E-Commerce Located in the geometric center of Asia-Pacific, Guangzhou is the southern gateway of China and has been one of the most important ports for foreign trade since ancient times. In ancient Rome, the silk shipped from Guangzhou was the most precious goods on the...
Chinese millennials are known to be big spenders. They are not afraid to make a large purchase in a heart beat. Credit Suisse Research Institute explores what grants these young shoppers the confidence to make these jaw-dropping purchases by breaking down differences between affluent millennials...
Going on from our article yesterday, we will be looking at Singles' Day and results of Tmall's (and other brands') integration of the 'See Now, Buy Now' model. What is Singles Day, a brief overview? A decade ago, November 11th was a tongue-in-cheek cultural "celebration" of single...
In September 2016, Uk Luxury brand Burberry defied the tradition of a six-month-cycle fashion show schedule, by showcasing a collection at its first-eve 'See Now, Buy Now' fashion show. This move would "revolutionise the pace of luxury retail" (says Forbes). In light of Singles Day...
In April earlier this year, Furla announced buy back of all their Australian stores. Luxury Retail Group (LRG) claims that this premium handbag-maker's decision is a vote of confidence in Australia's rapidly expanding luxury retail sector. Furla's presence in Australia Furla first made its appearance back in...
Gucci will exit 2017 a more dominant presence in the Chinese luxury industry than ever before. Their strong momentum in China has continued entering the second half of this year, with a 49% jump in sales in the third quarter (increased from 36% in the...
If you're anything like us, you'll be wondering at how giving a sales associate freedom to use WeChat for sales is anything but bad. However, a recent WeChat article titled "Luxury Brands' Sales Associates Update on WeChat Moment in Chinese" shone a different light on...
Chinese luxury consumers, who have increasingly dominated the luxury industry over the past 15 year, have turned many traditional approaches to luxury obsolete. Today we will be looking at a new report titled "The Strategic Perspective on Luxury Goods" published by French Investment Bank Exane...
Join us as we investigate China's club of ultra-high net worth individuals (UHNWI) -- a group of people with $USD300 million or more in liquid financial assets, and answer a question that all brands trying to access these ultra-rich Chinese ask at one point: Just where...
For China's golden week (from October 1 through to 8), many brands have taken this public holiday as an opportunity to capture the attention of Chinese consumers. We will be looking at the different brands that have implemented campaigns over this holiday period, along with...
