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Research

China slowdown offset by “high-speed” households: report

June 30, 2015

Rosewood Hotel in Beijing Rosewood Hotel in Beijing

 

By Joe McCarthy

High-speed households in China are expected to account for 90 percent of the increase in consumer spending over the next five years, according to a new report by Boston Consulting Group.

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  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
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  5. Dior’s ‘Lady Art’ project turns 10
  6. Hyatt names global lead for luxury brands
  7. Fendi reveals holiday window displays
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