Search Results for: "luxury tax"
In case you missed them the first time around, here are some of Jing Daily’s top posts for the week of February 18-22.
As Chinese tourists crammed into luxury boutiques in Europe and the US while domestic spending on high-end goods remained, by all accounts, relatively modest during China's Lunar New Year holiday, once again the official Chinese press has brought up the issue of luxury tax reform.
For its new ultra-luxury TI handset, Vertu has dropped Nokia's Symbian OS in favor of Android, a move that seems at least partially informed by the brand's largest single market, China.
Emerging trends now indicate that Chinese consumer habits are moving from overzealous acquisition to a more curated type of discovery.
As Hong Kong waves goodbye to ultra-wealthy tourist-shoppers from China's top-tier cities, mainland Chinese consumers from second- and third-tier cities are increasingly picking up the slack.
The yawning price gap between luxury goods sold in China and Europe has hit record highs, turning into quite the chronic headache for Chinese shoppers and luxury-good purveyors alike.
Bucking one of the defining trends of China's luxury market, that of mainland Chinese luxury consumers traveling abroad or to Hong Kong to stock up on high-end items, a new survey found that shoppers are now staying much closer to home.
According to a new study by Taobao, luxury e-commerce purchases in China surpassed 15 billion yuan ($2.4 billion) in 2011, a 100 percent surge year-over-year, and should exceed 20 billion yuan this year.
Founded in December 2009, Le Lutin stocks an ever-changing array of designers and independent brands from around the world, among them Preen, Jenni Kayne, Jen Kao, Boy by Band of Outsiders, TBA and Ran Fan.
A roundup of luxury news coming out of China this week, from Ferrari's Year of the Dragon 458 Italia to the launch of the Cotai Sands Central and Beijing's ongoing tug-of-war on stiff luxury taxes.