Our Blog

15
Apr

China has some very creative people, but experience would say that as a number, they are in a small minority. The majority of the population does not have the same creative flare that we find elsewhere in the world such as Europe for example; the reasons for this are a big topic for discussion, and ...

08
Apr

I read an article recently that brought up the subject of whether the Chinese luxury market was sustainable or not that included a quote from a US based retail advisory company that basically said that luxury brands that were either just about to enter the market or those considering it should do so with extreme caution. The main force of the argument was that the Chinese economy was slowing, and ...

31
Mar

It was interesting to read  that the recent Mulberry profit warning was blamed on a lack of Chinese tourists to London and Paris in early 2013, and that the company needed to do some tactical advertising to solve the problem. Although I certainly agree with the CEO that tactical advertising is one thing the company should consider doing, its challenges require a considerably more comprehensive approach than just this. The perception ...

19
Mar

2013 opened a new chapter for Chinese luxury. After the challenges of 2012, many no doubt will have hoped unrealistically that the market would bounce back and things would operate as they had before, but with lower growth levels. I am confident that the tipping point in 2012 created a new market with some of the old characteristics, but many new ones. Luxury brands operating in China now know that they ...

12
Mar

Watching Chinese luxury consumers day by day, it is obvious to me that an evolution is taking place. Not one that will take century’s or millennia to complete, but a rapid transformation of hearts and minds that will reshape the luxury market here in a few years. Some may say I am stating the obvious and others that a transformation was inevitable, and maybe both are right to some degree. What ...

05
Mar

True luxury has always been about the service delivered by the brand as well as the quality of its products, and in many cases it’s been the service that the brand has been particularly recognized for. Having said this, in the past few years, global luxury brands have been accused of loosing focus in terms of service, and as a result loosing their status in the eyes of the consumer. ...

26
Feb

It has been interesting to speak with executives of luxury brands and hear them reported in the media on the subject of their plans and expectations for 2013. The big names have come out in many cases to say that they will not open more stores this year but will redevelop the existing ones. The logic for doing this is clear; it’s about consolidation and delivering a better experience for ...

19
Feb

I have read many articles in the media bemoaning the slowing Chinese economic growth and similar performance figures for the luxury sector, and it appears to me that they are trying to make 8% growth sound like a very poor performance and a disaster for all concerned. Lets face it, if the country achieves 8%, it has done well, and if the luxury sector continues to grow at a high ...

14
Feb

During Chinese New Year, there are usually two choices for non-Chinese residents; stay at home and avoid the masses travelling around the country, or leave China and go somewhere else in the world for a week. This year I chose the former. It has been interesting to see the mood of the populous and to watch them in and around the stores. My impression has been that everyone appears very happy. ...

08
Feb

Earlier this week the Chinese TV watchdog ordered all radio and TV channels to cut advertisements suggesting ‘gift giving’, in response to new rules set by the leadership in particular for officials to lead a more restrained lifestyle. The request was particularly aimed at those channels promoting items such as  ‘luxury’ watches, stamps and gold coins. There are of course more common items such as food and drink that are ...

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