However, "luxury is one of the few classes of products, where people aspire to constantly upgrade," he said. Customers who shop both in stores and online tend to spend five times as much and shop five times as often as other Lane Crawford customers, he said. More recently, the Chinese government has tried to recapture part of this business, Mr. Branding lands in Changi Global shoppers have stamped their mark in prominent fashion at Singapore Changi Airport, with Notify me of follow-up comments by email. Others said that the Chinese would just choose the biggest brands.
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The luxury fashion brand singled out Burberry China and Hong Kong sales, reporting Asia-Pacific had returned to growth during the quarter, hitting low single-digit percentages, driven by acceleration in Mainland China and improvement in Hong Kong. Burberry also hopes to generate growth from a move into selling make-up and perfumes including Brit Splash and My Burberry eau de toilette. Pedestrians walk past a Burberry store in Hong Kong. Preview sale for new Aeon Mall Kuching. Richemont fell 2 percent to
Called Weixin in Chinese, the app had million daily logged-in users by September , and a year-on-year growth of 35 percent. A younger and more sophisticated generation of shoppers with markedly different tastes, aspirations and consumption habits is reshaping the landscape of luxury in China. This can be a case where brands push for online to offline O2O experiences to have in-shop pick-ups, or develop closer relationships with trustworthy delivery services. News via PR Newswire. Notify me of new posts by email. Create a digital marketing strategy: How to market your alcohol brand for China using digital tools.