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Research

Luxury market in China loses five-year growth reign, declining 10pc in 2022: Bain

February 8, 2023

The report details the decline of the luxury market within China, stressing the resiliency of digital business. Image courtesy of Bain & Company The report details the decline of the luxury market within China, stressing the resiliency of digital business. Image courtesy of Bain & Company

 

By Emily Iris Degn

Amidst the economic and health crises happening in China, the country’s personal luxury goods have officially lost exponential momentum.

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  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
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  4. Dior’s ‘Lady Art’ project turns 10
  5. St. Regis Estates to premiere in 2027
  6. Hyatt names global lead for luxury brands
  7. Fendi reveals holiday window displays
  8. Balenciaga makes holiday statement in new campaign
  9. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
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