Are Chinese middle-aged men luxury’s next big spenders?
While Gen Z male customers have energized China’s fashion market, middle-aged men are armed with higher discretionary income and are better equipped to spend.
While Gen Z male customers have energized China’s fashion market, middle-aged men are armed with higher discretionary income and are better equipped to spend.
With this spring’s Shanghai lockdowns well into their second month, and other major hubs dealing with COVID-19 restrictions, the economic impact of China’s pandemic response is becoming clearer.
Only 2.5 percent of China’s massive population of 1.4 billion uses personal fragrance, according to local market research firm iResearch
Luxury Daily’s live news: Hugo Boss leans into circularity with resale service; Krug raises a glass to rice with new cookbook; Vacheron Constantin explores organic, mechanical structures in new exhibit; VistaJet, Frieze Art Fairs team for exclusive access, activations.
Your Message Subject or Title
Under this new draconian strategy, customers will need to provide contact numbers as well as their reasons for entering the bricks-and-mortar stores.
India’s millionaire class continues to grow, according to new findings from the Hurun Research Institute.
Italian footwear label Aquazzura is rolling out more mobile tech across its physical stores to better support its international growth.
Your Message Subject or Title
Chinese data consumption rapidly continues to grow, and many expect it to become the largest source of consumer information over the next year.