Meta T-shirts, backpacks and lols: Armani reinvented for millennials
In Milan, the legendary Italian fashion label mixed visual gags with a casual sartorial feeling in a conscious attempt to rebrand
millennials
Chinese ultra wealthy individuals claimed nine of the 10 spots on a list of Asia’s richest millennials
34-year-old Yang Huiyan – vice chairman of Country Garden Holdings, a China-based property development and management company is topping Asia’s Top 10 Wealthiest Millennials list released by Wealth-X. Chinese ultra wealthy individuals claimed nine of the 10 spots on the list compiled by Wealth-X. Millennials are defined as those born from 1981 to 1997. Yang … Read more
Younger millennials and affluent travelers fuel 20 percent growth in Chinese outbound travelers, says report
The sustained growth in the number of Chinese international travelers presents huge opportunities for the global tourism industry, reveals the Hotels.com Chinese International Travel Monitor (CITM) 2015. According to the latest major annual study from Hotels.com, tech-savvy, younger and more affluent Chinese form a substantial part of the 20 percent growth in outbound mainland Chinese … Read more
Millennials look for hotels with conveniences and luxury services
Millennials are more likely than older travelers to seek out hotels with luxury services such as dry cleaning (32%), massage or spa services (30%) and pet-friendliness (23%), according to a new survey released by Chase Card Services. Furthermore, the survey shows millennial travelers are more likely to say it’s a ‘deal breaker’ if a hotel … Read more
Sweet wines, high-end beers, digital drinks and unexpected flavors to shape the drinks business in 2013
2013 adult beverage trends The sweet wine trend continues, with varietals including Moscato showing up in table wines and in pink sparklers on menus, according to the Top 10 Adult Beverage Trends for 2013 issued by Technomic, a premier resource for actionable adult beverage information. Red blends also proliferate, delivering a range of flavor … Read more
Luxury spending is increasingly becoming the domain of Generation Y
A large portion of affluent Generation Y attains their wealth from their parents—but they may not be on track for it in the future, according to Digitas‘ study “Affluence in America: The Next Generation.” Affluent and Aspiring Children spend between two and four times their own income, due to access to their parents’ wealth.Many of … Read more