For years, the nation’s consumers drove the global stampede for high-priced goods, fueling profits for giants like LVMH and ...

The downturn in the luxury sector will show no immediate signs of improving in the first half of 2025, according to global management consulting firm Bain & Company. The China Luxury Report warns of a ...

partner in Bain & Company's Shanghai office and head of the firm's Consumer Products, Retail and Luxury practice for Greater China. "However, we believe that 2025 should be better. Even if the ...

Maxuria, a Bay Area-based innovative online marketplace specializing in pre-owned luxury goods, is officially announcing its ...

Hong Kong – China’s luxury market sales are estimated to have plunged as much as 20 per cent in 2024, the steepest since at least 2011, as the country’s economic slowdown dents consumer ...

CHINA’S luxury market sales are estimated to have plunged as much as 20 per cent in 2024, the steepest since at least 2011, as the country’s economic slowdown dents consumer confidence, according to ...