In the face of significant geopolitical and macroeconomic shifts, the luxury market appears to be weathering the storm, according to new research by Bain and Altagamma.…
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Eagerly awaited across Asia, Singles’ Day faces more value-conscious shoppers this year
Singles’ Day is becoming the dominant shopping season for consumers not just in China but across Southeast Asia, though value remains top of mind for shoppers this year…
Here’s what boutiques of the future could look like
Boutiques are no longer just places to shop, they have become destinations for pleasure, discovery, and enchantment. A 2023 report by Bain & Company, ‘Luxury and Technology: Towards the Bou…
Bain-Altagamma: Global luxury market to grow by up to 12 percent in 2023, Japan the ‘rising star’ in Asia
The global luxury market is projected to grow by up to 12 percent in 2023, according to a new study released by Bain & Company and Altagamma, the Italian luxury […]…
China’s luxury market contracts for first time in five years
China’s personal luxury sales contracted 10 percent year-on-year in 2022, ending its five-year run of exponential growth, according to a recent Bain & Company report.…
Online marketplaces in India to reach USD 350 billion in GMV by 2027
With a large addressable market, growing online shopper base, and increasingly digitalised micro, small, and medium enterprises (MSMEs), online marketplaces in India contribute more than USD 100 billi…
Diving into the stellar growth of China’s luxury cross border e-commerce and duty free sales
The prolonged travel restrictions in China prompted global luxury brands to adjust their offerings as Chinese consumers are spending more on luxury goods at home. Bluebell Group’s recently relea…
Three major trends that will shape China’s luxury market
In 2021 China’s luxury market continued the double-digit growth trends of 2020 putting the country on pace to become the world’s largest luxury market by 2025, according to Bain & Company’s annua…
REPORT : Keeping up with China’s shoppers at two speeds
Bain & Company and Kantar Worldpanel’s 2017 China shopper report, Keeping up with China’s Shoppers at Two Speeds, is now available.…