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Retail

China’s luxury market remains resilient, domestic spending expected to grow

December 17, 2020

Gen Z shoppers gather information differently than others, with the top sources being entirely online. Image credit: Bain & Company

 

By Nora Howe

Thriving despite the effects of the COVID-19 pandemic, the global luxury market in China has nearly doubled this year and is expected to continue growing through 2025.

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  1. Printemps unveils VIP shopping suite at Haussmann flagship
  2. ‘Balenciaga by Demna’ retrospective in Paris honors decade of design
  3. Waldorf Astoria New York team reflects ahead of historic reopening
  4. Digital product passport regulation to reshape fashion resale market: Bain, eBay
  5. New retail space from Louis Vuitton featuring cafe, exhibition comes to Shanghai
  6. Bentley opens three showrooms in North America
  7. Alfa Romeo continues anniversary-year celebration
  8. Follow @LuxuryDaily for the latest in luxury news
  9. Pomellato reclaims design manifesto, presents ‘Collezione 1967’
  10. Vera Wang owner enters new licensing agreement
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