China’s rise as a global power is reflected on the catwalk and the shopfloor. Red is the new black and, with the dawn of the year of the horse, luxury brands are embracing the equine factor
Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more