Tag Archives: luxury

Why Chinese Luxury Consumers Prefer to Shop Overseas

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 … Continue reading

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

The Armani Group designs, manufactures, distributes and retails lifestyle and fashion products around the world. Armani first entered China with its 1,100 square meter Shanghai flagship store in 2004, and has since opened boutiques in more than 40 major Chinese … Continue reading

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8 Trends to Watch in China’s Luxury Sector

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

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China’s Top 10 Wealthiest Provinces

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” as someone earning RMB … Continue reading

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

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 … Continue reading

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Posted in Inside Observer Intelligence, Interviews | Tagged , , , , , , | 1 Comment