Luxury Daily
The authority in luxury news.
May 20, 2025
  1. Mandarin Oriental restores Italian castle
  2. Fairmont salutes company heritage in new campaign
  3. UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
  4. Audemars Piguet pop-up exhibition opens in Shanghai
  5. Pierpaolo Piccioli joins Balenciaga as creative director
  6. RH appoints new co-chief merchandising, creative officer
  7. Hyatt taps American tennis player Jessica Pegula as ambassador
  8. Luxury Unfiltered: How brand value misalignment creates billion-dollar losses for luxury hotels
  9. Aston Martin, Apple release CarPlay Ultra
  10. Genesis sponsors Gold Gala in honor of AAPI Heritage Month
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

China Gen Z’s ‘self-rewarding economy’ means saving more and indulging occasionally

December 21, 2022

Savings culture and rising individualism have given way to China’s “self-rewarding economy,” as Gen Z consumers look to live more economically but meaningfully. Image credit: Shutterstock Savings culture and rising individualism have given way to China’s “self-rewarding economy,” as Gen Z consumers look to live more economically but meaningfully. Image credit: Shutterstock

 

By Crystal Tai

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Mandarin Oriental restores Italian castle
  2. Fairmont salutes company heritage in new campaign
  3. UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
  4. Audemars Piguet pop-up exhibition opens in Shanghai
  5. Pierpaolo Piccioli joins Balenciaga as creative director
  6. RH appoints new co-chief merchandising, creative officer
  7. Hyatt taps American tennis player Jessica Pegula as ambassador
  8. Luxury Unfiltered: How brand value misalignment creates billion-dollar losses for luxury hotels
  9. Aston Martin, Apple release CarPlay Ultra
  10. Genesis sponsors Gold Gala in honor of AAPI Heritage Month
VIDEOS
More Videos

MORE IN Retail
Tiffany & Co. launches largest European boutique in Milan
Mytheresa owner LuxExperience sees 3pc quarterly net sales bump
Rimowa opens New Bond Street flagship
ThredUp launches first-ever digital vintage pop-up
Richard Mille opens largest US storefront in Dallas
Van Cleef & Arpels debuts seasonal boutique in Capri



RECENT ARTICLES
Genesis sponsors Gold Gala in honor of AAPI Heritage Month
RH appoints new co-chief merchandising, creative officer
Hyatt taps American tennis player Jessica Pegula as ambassador

Fairmont salutes company heritage in new campaign
UK luxury fashion exports to EU down 64pc post-Brexit: Walpole
Aston Martin, Apple release CarPlay Ultra