It’s been a turbulent year for luxury in China, but it’s still a crucial region for the fashion industry to continue ...

BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury ...

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

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

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 ...

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 analysis of ...

“The growing middle-/high-income population in China will continue to fuel demand for upscale hotels,” the UBS report says. “Currently, both the number of upscale and luxury hotel guest rooms and the ...

Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, ...

BEIJING – Duty-free spending in China’s island province of Hainan, where global luxury players from LVMH ... into a duty-free shopping zone in 2025. As part of the expansion, brands would ...

"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 ...