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  • China’s private luxury consumption
  • China’s private luxury consumption
    asiannews.net ©

China’s private luxury consumption

Many claim that public consumption of expensive, ostentatious luxury items is about displaying social climbing. But in China, people increasingly consume luxury in private. It's a kind of "self-reward", says UIBE professor Mike Bastin.



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    India’s strategic big spenders

    Analysts estimate that India’s luxury market could be up to 150% larger than it is now. Can an understanding of the unique Indian mindset help unlock the market’s full potential?

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    Galeries Lafayette: post-corruption luxury

    Luxury brands have enjoyed a meteoric rise in China, but with anti-corruption laws dampening the spirits of conspicuous consumers, shopping habits are shifting dramatically.