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Tag Archives: luxury products
China, Socialism & Consumer Behavior: Luxury Goods Remain Fashionable in China, Despite 8% Drop in Global Sales
Luxury marketers are escaping the recession that has hit sales in developed markets by focusing on China [...]
Posted in China, consumer behavior, trends Also tagged Chinese Economy, consumer behavior, Economy, Financial Crisis, Luxury Items 1 Comment
China, Socialism & Consumer Behavior: Beijing tops the Chinese Nouveau Riche list
Recently the Hurun Research Institute published the 2009 Chinese Nouveau Riche Consumption Standard Report on the new rich in six cities: Beijing, Shanghai, Hangzhou, Shenzhen, Chengdu, and Shenyang; and the winner is: [...]
Posted in China, consumer behavior, economics, trends Also tagged bank, Beijing, Chengdu, entertainment, France, Hangzhou, holiday travel, Hurun, Italy, japan, Kyoto, Liaoning, Luxury Items, Macau, Nouveau riche, Shanghai, Shenyang, Shenzhen, Sichuan, Spring Festival, Tokyo, United States, Yuan, Zhejiang 4 Comments
China, Socialism & Consumer Behavior: Renovation begins for luxury business zone in historic villas
Shanghai's Luwan District will renovate a zone containing historic buildings into a luxury office and commercial area, district officials said recently: the zone, consisting of more than 50 protected villas, mostly built in the 1920s and 1930s, has relocated all its residents, after 10 years of effort [...]
Posted in China, consumer behavior Also tagged architecture, Chen Yongliang, consumer behavior, dapuqiao, environment, Living In China, Living In Shanghai, Luwan District, Luxury Items, real estate, Shanghai, Sinan Road, Tian Zi, Xintiandi Leave a comment
China, Socialism & Consumer Behavior: Chinese upper class growing
More than half of nearly 800 wealthy Chinese recently polled believe the widening gap between the rich and poor is also creating an emerging upper class in China [...]
Posted in China, consumer behavior, economics, trends Also tagged Asia, Best Life, Capgemini, China Daily, Chinese Academy of Social Sciences, Chongqing, consumer behavior, Kevin Zhou, Li Wei, lifestyle magazine, Luxury Items, Merrill Lynch 1 Comment
China, Socialism & Consumer Behavior: More rich by 2015
The global economic recession is forcing the rich in China to scale down their spending on luxury goods, but it cannot hold back the rapid growth of wealthy households, according to a report released recently by global management consultancy McKinsey & Company. China is expected to be the world's fourth largest country with wealthy households by 2015, after the US, Japan and the UK. The nation is expected to have more than 4 million wealthy households by then, the report said [...]
Posted in China, consumer behavior Also tagged Asia, behavior, Beijing, consumer behavior, Financial Crisis, Guangzhou, Hubei, japan, Living In Shanghai, Luxury Items, Nouveau riche, Report, Shanghai, Shenzhen, Turnover, United Kingdom, United States, Vinay Dixit, Wuhan, Yuan Leave a comment
China, Socialism & Consumer Behavior: 6 in 10,000 people are multimillionaires?
6 in every 10,000 people in China have a personal wealth of more than 10 million yuan ( nearly 1.5 million US dollars), shows the recently issued “Hurun Wealth Report 2009”. After the report came out, it immediately raised a lot of doubts among netizens: “Have Chinese people really become so rich?” [...]
Posted in China, consumer behavior, economics Also tagged basic food, behavior, Beijing, Chinese People, consumer behavior, food, google, Guangdong, Hurun, internet, Jiangsu, Luxury Items, Netizens, Nouveau riche, online survey, real estate, Report, Rupert Hoogewerf, Shanghai, Survey Results, Yuan 3 Comments
China, Socialism & Consumer Behavior: Hurun issues report on wealth decline for China’s top 20 richest people
The Hurun Research Institute recently released a report showing the plummet in wealth of the top 20 richest people on the 2008 China Rich List. According to the report, the net worth of the stakes that China’s top 20 richest people hold in their listed companies had shrunk by 91.1 billion yuan or 40 percent [...]
Posted in China, consumer behavior, economics Also tagged behavior, Chairman, consumer behavior, Financial Crisis, google, Hurun, Luxury Items, Nouveau riche, Report, United States, Yuan 1 Comment
China, Socialism & Consumer Behavior: Champagne houses fighting for Chinese growing market share
Despite a struggle to meet global demand, Champagne houses are fighting for market share in the growing Chinese mainland market. Two differently-structured maisons with similar approaches to quality and food and wine pairing are trying to convince local bubbly lovers there's more to the region than Moet or Mumm [...]
Posted in China, consumer behavior Also tagged Asia, Chinese Mainland, consumer behavior, food, France, japan, Luxury Items, Shanghai, Shanghai Daily 2 Comments
China, Socialism & Consumer Behavior: Forbes releases China Celebrity List
Forbes China released the 2009 China Celebrity List on March 17. Over six consecutive years Forbes has released the rankings, 25 celebrities have continuously made the list [...]
Posted in China, consumer behavior Also tagged behavior, Chinese Mainland, consumer behavior, Economic indicators, entertainment, Forbes, Luxury Items, National Basketball Association, NBA Leave a comment
China, Socialism & Consumer Behavior: Shanghai’s sky-high priced luxurious house unveiled