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Retail

As luxury appetite grows, 74pc of female Chinese HWNIs have self-gifted: survey

July 14, 2017

Hurun found that 68 percent of Chinese HNWIs shop at domestic retailers for gifts. Image credit: Chinese retailer Lane Crawford

 

By Jen King

Gift giving is common practice among the Chinese, but the rising percentage of high-net-worth consumers self-gifting can provide luxury brands with an opportunity to forge a personal and emotional connection.

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  1. Easter creations from pastry chef Maxime Frédéric coming to Le Café Louis Vuitton
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  6. SCAD lands $10M jewelry program endowment
  7. Rolls-Royce drops in at Oberoi Concours d’Elegance
  8. Belmond partners with fashion designer Thebe Magugu
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