In a recent report, McKinsey classifies Chinese luxury consumers into four broad categories as follows […]
Category: Consumer Behavior
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One in every 175 people living in Shanghai has personal wealth of more than 10 million yuan (US$1.5 million), the Hurun Research Institute said recently […]
Brazilians’ spending in France surged last year and in the first quarter of 2011 but the Russians remain the second biggest tourist spenders after the Chinese, according to a study published on recently […]
A report by Global Blue has found that Chinese visitors spent an average of 1,300 euros (US$1,900) every time they hit the shops […]
People of Chinese origin have become the second largest group of billionaires behind the United States, Forbes China said recently […]
More mainland tourists are expected to spend money on overseas travel in 2011, according to a report released to the national tourism authority recently […]
China’s luxury market is expected to grow at 18 percent annually during the next five years and will take more than 20 percent of the global market by 2015, driven by enthusiasm among the younger generation […]
Internet game players in China exceeded 120 million in 2010, up 37 percent year on year, according to a report released recently by the Chinese Ministry of Culture […]
Luxury market grows 23 percent in 2010 from 68 billion yuan (US$10.2 billion) in 2009, with the younger generation driving sales […]
The Brazilian e-commerce earned a total of $ 14.8 billion in 2010 (US$ 7.2 Billion), a figure which represents a nominal growth of 40% compared to R$ 10.6 billion (US$ 5.3 billion) recorded a year earlier, according to a report by e-bit consultoria […]