With the Chinese economy unlikely to recover in 2025, those that offer competitive, quality products may do better than those ...

Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury players from LVMH to ...

The 2024 slump bodes ill for plans to turn the entire island into a duty-free shopping zone in 2025. Read more at ...

The spending habits of Gen Z and Millennials will reshape the luxury market landscape in 2025 according to the latest report.

A NEW luxury toilet is an out of this world hit with tourists as this futuristic bathroom becomes a top attraction at a shopping mall in Nanjing, China. Designed by Shanghai based X+Living, the ...

China’s luxury market in 2024 faced a significant slowdown driven by economic stagnation, a real estate crisis, and rising outbound shopping.

Mainland China's Tier 1 cities, led by Shanghai, remain dominant luxury shopping hubs. However, Sanya is emerging as a rising destination, with 23% of Mainland Chinese luxury shoppers making purchases ...

Eyeing this trend, popular light luxury brands like Coach, Swarovski and Michael Kors remain staples in outlet malls, while ...

More than half of luxury consumers in mainland China plan to increase spending on such items over the next 12 months and are looking for domestic brands that are “more relevant” to their ...

HONG KONG SAR – Media OutReach Newswire – 13 December 2024 – MDRi, a leading provider of business insights, today released its China Luxury Consumer Forecast 2025, presenting an in-depth ...

"A decline in consumer confidence has significantly affected Chinese consumers' willingness to spend on luxury and discretionary ... into a duty-free shopping zone in 2025. That expansion would ...