How Can Luxury Brands Lure the Ultra-high-net-worth Consumers?
MILAN — Luxury’s skyrocketing prices may have left aspirational consumers with window shopping as their sole comfort, but high- and ultra-high-net-worth individu
Singapore’s Rich Chinese Cut Back on Ferraris and $75,000 Whisky
In Singapore’s boomtime, whisky dealer Manjit Gill used to sell at least a bottle every day to his wealthy Chinese customers, who occasionally splurged as much as S$100
Rich Chinese tourists are flocking to Japan in search of luxury bargains
Burberry reported its Q1 fiscal 2025 earnings results on Monday, and things aren’t looking good for the British luxury retailer. The Asia Pacific area took a strong hit
AGILITY RESEARCH & STRATEGY STUDY REVEALS GLOBAL MILLIONAIRE INSIGHTS INCLUDING LUXURY PURCHASES DRIVEN BY SUSTAINABILITY
APRIL 2023: As consumers become increasingly aware of their environmental impact, world leading data and insights company, Agility, Research & Strategy, has shed light on the
This is why one third of millionaires plan to increase annual beauty spend
UK retail sales look set to soar this year as high net worth individuals (HNWIs) plan to increase their spend on beauty products, according to a report by Agility Research and Stra
Stat: One in five UK millionaires find luxury inspiration on TikTok
UK – The Global Millionaires 2023 TrendLens report released by data and insights firm Agility Research & Strategy confirms the growing impact of TikTok on high-net-worth
From London to Paris: Where are all the Chinese tourists this summer?
Although Chinese arrivals to Europe have not recovered to pre-pandemic levels, those who are traveling are splurging more and venturing off the beaten path. China’s long-awai
Why China could become the luxury industry’s next sore spot
Shoppers walk past luxury stores at Tsim Sha Tsui district in Hong Kong, China February 15, 2023. REUTERS/Lam Yik/File Photo Purchase Licensing Rights SHANGHAI/PARIS, July 19 (Re
Yes to quiet luxury, Paris and Hong Kong — China’s millionaires have spoken
Post-pandemic, China’s affluent prefer Hong Kong and France for luxury shopping, valuing exclusive experiences and limited-edition items. What happened Hong Kong and France
Hermès, Chanel, LV hike prices in China despite economic headwinds
Luxury brands are strategically increasing their prices in China amid slowing economic growth. But with priorities changing, how are consumers reacting? Amid a slowing economy, plu
