Chinese luxury spending drops 19% during festival[1]- Chinadaily.com.cn
Chinese people spent $6.9 billion overseas on luxury goods during the Spring Festival holiday (Jan 31 – Feb 6), a drop of 18.8 percent from last year, according to World Luxury Association. Austerity...
View ArticleChina’s Jet Set Spends Overseas While Luxury Sales Rise in U.S. – Businessweek
For the first time since Boston consultancy Bain & Co. began tracking the global luxury market, overall sales of luxury goods declined in mainland China over the first eight months of 2014. The dip...
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