Rich Chinese Millennials Redefine Luxury With These 11 Status Symbols
Solo travel, pre-loved luxury fashion, and fine dining are all gaining popularity with this affluent group.
Source: businessinsider.com
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Buckle Up for Luxury's Wild Ride to Riches on the Road to 2030
Times may be tough for high-end players, but speakers at Walpole’s annual summit believe fortune will favor brands that invest in the U.S. and China.
Source: wwd.com
Why Brunello Cucinelli is the poster child of quiet luxury: the 'King of Cashmere' had a jump in profits in 2023, showing 'stealth wealth' fashion isn't slowing down – especially not in China
The ‘King of Cashmere’ reported a jump in profits in 2023, showing ‘stealth wealth’ fashion made popular in HBO’s Succession isn’t slowing down – especially not in China
Source: scmp.com
Ultra-Rich Fueling Sales of Luxury Brands Despite Inflation and Recession Fears
High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending.
Source: nbcconnecticut.com
Shanghai's modest post-lockdown 'revenge spending': beauty products, bubble tea
By Casey Hall SHANGHAI (Reuters) - Mother-of-two Yang Zengdong, 40, is ready to take her family for a long-awaited outing to mark Shanghai’s grand
Source: shorenewsnetwork.com