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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. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. WatchBox looks for growth in editorial integration
  4. Kering to acquire jewelry manufacturer Raselli Franco Group
  5. Luxury Women to Watch 2017
  6. Burberry bans exotic skins
  7. Estée Lauder Cos., Jo Malone launch AI scent advisor
  8. Savannah College of Art and Design debuts SCAD LUXE research center
  9. Gucci studies connection in spring/summer 2025 campaign
  10. With ‘My Call,’ Rémy Martin finds meaning in new milestones
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