As Featured In:

/ Category / luxury

Why Chinese Luxury Consumers Prefer to Shop Overseas

February 23, 2012 - 9:42 am in Archive, Data & Facts

Affluent Chinese are traveling abroad in record numbers to purchase luxury goods. They are willing to pay for flights to Hong Kong, the US and Europe because the price of luxury goods is typically one third higher in mainland China due to exorbitant tariffs.…

Armani: Expanding Customer Reach from Retail to E-Tail in China

January 6, 2012 - 9:47 am in Archive, Case Studies

The Armani Group designs, manufactures, distributes and retails lifestyle and fashion products around the world. Armani first entered China with its 1,100…

8 Trends to Watch in China’s Luxury Sector

December 22, 2011 - 7:24 am in Archive, Consumer Intelligence, Data & Facts

8 Trends to Watch in China's Luxury Sector View more presentations from TheChinaObserver

China’s Top 10 Wealthiest Provinces

December 21, 2011 - 6:35 am in Archive, Consumer Intelligence, Data & Facts

According to this past year's Hurun Wealth Report, the provinces with the largest concentration of wealthy residents are as follows: Beijing, Guangdong, Shanghai, Zhejiang, Jiangsu, Shandong, Fujian, Liaoning, Sichuan and Henan. Hurun defines a "wealthy resident"…

INTERVIEW: Starbucks to Open 1,500 Outlets in China by 2015

December 20, 2011 - 6:30 am in Archive, Inside Observer Intelligence, Interviews

Walking down the streets of Shanghai, you don’t have to look far before you might see a young female professional dangling a luxury handbag from her arm, while holding an Apple iPhone in one hand and sipping a venti Starbucks latte with the other. “People…

Chinese Consumers Discover Luxury Brands Through Magazines

December 15, 2011 - 10:27 am in Archive, Consumer Intelligence, Data & Facts

According to Fortune China’s recent consumer study, involving over 3,500 respondents, the most influential channel Chinese consumers leverage to discover new luxury brands is through magazines. The following graph breaks down the different ways Chinese consumers…

China’s Luxury Consumption Exceeds 1/4 of Global Total

December 13, 2011 - 9:30 am in Archive, Consumer Intelligence, Data & Facts

This past year’s World Luxury Association (WLA) and China Trade Development & Cooperation Center (CCPIT) report found Chinese luxury consumption from February 2010 to March 2011 reached 10.7 billion USD – equivalent to more than a quarter of the world’s…

Long-term Consumer Outlook for China Luxury

March 29, 2011 - 8:02 am in Archive, Consumer Intelligence, Data & Facts

As investments by companies like Louis Vuitton (LVMH), Gucci and Chanel in China’s luxury market increase, McKinsey continues their ongoing series of Chinese consumer surveys. Vinay Dixit, Senior Director of Asia Consumer Centers whom I previously interviewed…

Interviewed By British Chamber of Commerce on Luxury Consumerism in China

July 25, 2010 - 9:05 pm in Archive, Inside Observer Interviews

The British Chamber of Commerce recently interviewed me on the topic of luxury consumerism in China for the Spring-Summer issue of their business publication, the ChamberEye. I follow an interview on China’s middle class consumers with Tom Doctoroff, CEO…