TAG: consumers

Luxeplace.com, based on 181 valid questionnaires collected firsthand, has specially created 5 charts.

Sep 21, 2023

The proportion of consumers planning to increase expenditures and “upgrade” to more expensive brands in the next six months has seen an increase.

Aug 28, 2023

“China is our most important market. Over the past three years, we have recruited an incredibly talented team here and established a new leadership structure. We have also made the strategic decision to set our Asia Pacific headquarters in Shanghai, further dedicating more resources specifically for the Chinese market.”

Jul 03, 2023

Global Comparable Store Sales Accelerate YoY Recovery, Reaching 110% in March, Driven by Chinese Mainland Consumers’ Gradual Return.

Apr 13, 2023

Since China reopened its borders in January, the recovery of mainland Chinese shoppers has been steadily improving, with a recovery rate of 22% for consumption in the European mainland region and 27% for consumption in the Asia-Pacific region.

Mar 17, 2023

COVID-19 pandemic has reshaped people’s perceptions of health, with more focus on introspection, science, and being more eco-friendly by caring more about their surroundings and earth and seeking meaningful, effective health solutions.

Feb 14, 2023

The Deloitte report predicts that in the future, more brands will expand their second-hand product sales channels and buy back rare and discontinued watches from third parties.

Feb 07, 2023

Although the overall growth is on the rise, the performance fell short of the previously expected growth of 6-8%.

Jan 26, 2023