Category Archives: Wealth

Luxury Brands Are Stupid to Snub the Internet

Photograph by David Brandon Geeting for Bloomberg Businessweek Imagine, if you can, the following Champagne tragedy: You’re wealthy and stylish and have decided to buy a handbag after a tough day at the office. You pour yourself a glass of … Continue reading

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Chinese tourists buying luxury watches show the way for exporters

By Robin Swithinbank ©AFP Priced out: exports of Swiss watches to mainland China have fallen on the back of high rates of consumption tax and import duties Talk of a slowdown in Chinese luxury consumption has been well documented. On the face … Continue reading

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China v the Chinese: Where the real luxury market lies

After two weeks in the mountains of Wyoming, I come home and what do I find? Not only is Mulberry without a CEO (and still without a designer), but all that conventional wisdom about the super-duper high-speed growth of the Chinese luxury market (shock! … Continue reading

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5 MUST-KNOW FACTS ABOUT THE HABITS OF CHINA’S LUXURY E-COMMERCE SHOPPERS

Everyone knows that China’s e-commerce market has exploded in recent years, becoming the second largest in the world and hosting the world’s single largest e-tail holiday every November 11. While this certainly has major implications for every retail sector, navigating the e-commerce market in … Continue reading

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China’s Luxury Boom Moves to the Web

China’s luxury boom is going online. As the overall sector struggles amid a government crackdown on ostentatious spending and gift-giving, the urge to splurge online is growing strong, according to a study by consulting firm KPMG. KPMG found in a … Continue reading

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China’s Super Rich to Rise By 80% in Next Decade

According to a report by Knight Frank LLP, the number of Chinese super-wealthy, those who own more than US$30 million in assets (excluding their main residence), will grow by 80 percent over the next decade , Global Times reports. China will have … Continue reading

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HOW BRANDS CAN NAVIGATE CHINESE FASHION BLOGGERS’ ‘RED ENVELOPE’ CULTURE

BY GIULIA LA PAGLIA Han Huohuo, one of China’s most influential fashion bloggers. (Sina Weibo/Han Huohuo) “So what do you think about the brand?” I asked the extravagantly dressed Chinese girl I had just been introduced to at one of Shanghai’s Fashion Week parties. … Continue reading

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Recycled buzzword tuhao shows changing attitude of newly rich Suppose you are clad from head to toe in name brands. You wear a Versace shirt underneath a Giorgio Armani jacket. Your Hugo Boss slacks are fastened with a belt from … Continue reading

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No Logos Please, We’re Chinese

As tastes evolve, the world’s high-end brands are racing to adapt to win market share in the world’s second largest economy By Tara Loader Wilkinson, editor in chief, Wealth-X November 26, 2013 Until recently, wealthy Chinese were known for preferring … Continue reading

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Online Retail Is Front and Center in the Quest for Growth-ATKearney

The 2013 Global Retail E-Commerce Index™ E-commerce websites are no longer just offshoots of retailers’ physical stores but valid alternatives for global expansion. Today’s most successful retailers see global expansion as a crucial platform for growth. Wary of “real estate … Continue reading

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