Tagged: luxury products

China, Socialism & Consumer Behavior: Swiss watches clocking up record sales in China 0

China, Socialism & Consumer Behavior: Swiss watches clocking up record sales in China

Chinese consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US$21.1 billion) last year, an industry report shows …

China, Socialism & Consumer Behavior: becoming the biggest market of luxury products 0

China, Socialism & Consumer Behavior: becoming the biggest market of luxury products

Observers predict that China will soon be biggest in the world for high-end designer consumer goods. Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost & Sullivan said in its latest survey […]

China, Socialism & Consumer Behavior: Shoppers go abroad for luxury bargains 0

China, Socialism & Consumer Behavior: Shoppers go abroad for luxury bargains

Chinese consumers spent about US$7.2 billion on luxury goods overseas during the week-long Spring Festival holiday, a 28.6 percent jump year-on-year, according to a survey […]

China, Socialism & Consumer Behavior: Stores offer afterlife for luxury goods 0

China, Socialism & Consumer Behavior: Stores offer afterlife for luxury goods

Second-hand luxury goods stores are becoming popular in China as suppliers of new products increase prices and demand for high-end items continues to rise […]

China, Socialism & Consumer Behavior: sales of luxury cars on the rise 0

China, Socialism & Consumer Behavior: sales of luxury cars on the rise

Luxury car makers reported strong sales growth on China’s mainland for the first half of 2011, despite the Chinese government’s phasing out of incentives […]

China, Socialism & Consumer Behavior: Super-rich in growing passion for investment 0

China, Socialism & Consumer Behavior: Super-rich in growing passion for investment

Demand for art, watches, rare wines, vintage cars and other offbeat investments expanded in 2010 as the world’s super-rich rebounded from the financial crisis, according the latest World Wealth Report […]

China, Socialism & Consumer Behavior: Chinese travelers shop until they drop 0

China, Socialism & Consumer Behavior: Chinese travelers shop until they drop

Spending by Chinese travelers nearly doubled from 2010 due to the growing number of affluent shoppers and the yuan’s appreciation, Hurun Report said recently […]