We discussed the upcoming Chinese holidays — Mid-Autumn Festival and the China National Holiday - with Renee Hartmann from China Luxury Advisors.
Q: When is the next Chinese holiday season?
A: One of China’s busiest holiday seasons is coming up at the end of September/beginning of October. This is one of the longest holiday periods in China, and unlike Chinese New Year, there are no family obligations during this holiday, so most Chinese citizens will be traveling during this period — both in China and increasingly, overseas.Read More »
With the recent finding that China is now home to one million millionaires and tens of thousands of the super-rich, both new and established luxury brands are eager to engage with these consumers. The following are several articles detailing the recent spending trends among these wealthy Chinese and the types of products or experiences that characterize their habits as consumers.Read More »
We are excited to be co-hosting two half-day seminars in New York with Jing Daily and ChinaContact at the impressive AW Asia Organization!
Our morning session will be focusing on hospitality, and we will have CLN Advisor Roy Graff in town from London to give his perspective on how hospitality companies can better serve Chinese customers.Read More »
Summary: Chinese shoppers arrive in droves to London Christmas sales. Chinese consumers are increasingly seeking out diamonds for fun and profit. Chinese tourists continue to prop up global luxury sales. Second and Third tier Chinese cities driving luxury spending. Chinese tourists tire of group travel. Understanding Chinese luxury consumers can be puzzling. What Chinese women want.Read More »
China Luxury News Roundup
Summary: Luxury brands are thriving despite the global economic downturn, largely driven by Chinese consumers increased spending at home and abroad. Changing Chinese consumer preferences opening opportunities for designer brands like Paul Smith in China. Chinese government regulations and luxury trends paving the way for more subtle luxury products. A look into luxury auto showrooms in Beijing. China’s wealthy are getting wealthier. Chinese tourists flooding France. Australia says “Nihao” to Chinese tourists. A new Chinese luxury e-commerce company receives funding.Read More »