Archive for January, 2013

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The intensity of luxury presence across the top 15 cities is shown on the map below, beyond the tier one cities of Beijing and Shanghai, the key cities by region are Shenyang, Chengdu, Hangzhou and Guangzhou. The ...

  The chart to the left is a cross sectional summary by sector and region. Fashion, jewellery and watches follow the same regional coverage pattern, but luxury cars follows and alternative, the Northeast having the lowest density of ...

On the map to the right, 22 cities are listed each falling within the top 15 in terms of store or dealership coverage for one or more of the four sectors reviewed. Individual sectors are colour coded, the ...

2012 saw the luxury sector in China slow dramatically for many of the most visible brands operating here. The double-digit growth figures dropped to single digit, and the generally weak global performances were blamed on Asia, and ...

There are a number of cultural reasons and a great deal of history behind the Chinese focus on the individual, much of which revolves around the past 50 years, and some going back much longer. However, by understanding this culture, ...

As the tail of the dragon disappears over the horizon and the first signs of the snake begin to make its presence known, speculation rises as to whether the coming year, and in particular Chinese luxury consumption will again sustain ...

We might all assume that as a 7 star hotel the Burj Al Arab might not feel that it needed to target any one-consumer group because of its status and fame. However, it appears that even the mighty Burj will ...

Jan
2013
Adapt or die

Over recent weeks, we have seen the China phenomenon impact luxury sales around the world. Like a plague of locusts, Chinese shoppers buzz into town and quickly buzz out again, taking a trail of expensive purchases with them. And like ...

There may be those in the world who think, based on many media reports last year that the Chinese luxury market had taken a nosedive just because growth figures were single digit. As we are all aware, consumers spent much ...

Owning a car in China is a necessity to support ones status, people see you in a car so the bigger and more famous as a brand name, the better. The middle classes want to demonstrate a belonging to the ...

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