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Luxury in Times of Austerity

Volume 2, 2014

While the Xi Jinping administration’s austerity drive and anti-corruption campaign has been the most high-profile change to China’s luxury sector in years, other currents of change have been swirling just beneath the surface. These include a maturing of tastes and a more discerning customer base, along with the challenge of benefitting from the spending power available in the digital market without losing the very essence of luxury – exclusivity. On top of all that, there is a talent shortage in the industry.  Read on for more in:-

Growing Pains for China’s Luxury Sector 

Luxury’s Evolving Landscape

Talent for a Changing Industry.