Luxury Daily
The authority in luxury news.
Aug. 14, 2025
  1. Audemars Piguet acquires majority stake in Swiss watch component supplier
  2. IHG to serve exclusive Moët & Chandon sip at US Open 2025
  3. Travel remains top of mind for HNWIs: Altiant
  4. De Beers Group finds diamond host stone in Angola
  5. Rolex Awards Laureate leads recycling breakthrough
  6. Luxury Unfiltered: Opting for access over ownership, the next generation is redefining luxury
  7. Valentino CEO parts ways with brand on mutual basis
  8. Europe’s largest Porsche event draws record crowds
  9. Burberry returns to London in latest campaign
  10. Redesigning luxury’s growth logic: From obsolescence to regeneration
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Government

Is China’s “Common Prosperity” plan good or bad for luxury?

August 25, 2021

President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock

 

By Adina-Laura Achim

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Audemars Piguet acquires majority stake in Swiss watch component supplier
  2. IHG to serve exclusive Moët & Chandon sip at US Open 2025
  3. Travel remains top of mind for HNWIs: Altiant
  4. De Beers Group finds diamond host stone in Angola
  5. Rolex Awards Laureate leads recycling breakthrough
  6. Luxury Unfiltered: Opting for access over ownership, the next generation is redefining luxury
  7. Valentino CEO parts ways with brand on mutual basis
  8. Europe’s largest Porsche event draws record crowds
  9. Burberry returns to London in latest campaign
  10. Redesigning luxury’s growth logic: From obsolescence to regeneration
VIDEOS
More Videos

MORE IN Government
Armani faces $4M fine from Italian Competition Authority
Loro Piana faces judicial labor probe
UNESCO, Women@Dior conference celebrates fifth anniversary
The legalities of online customer reviews for luxury brands
Prada, climate artist Enzo Barracco spark conversation on stage
Why the FTC’s attempt to block the Tapestry-Capri deal sets a dangerous precedent



RECENT ARTICLES
EBay confirms new designers for ‘Endless Runway’ fashion month events
Inspirato introduces unlimited travel membership program
Valentino CEO parts ways with brand on mutual basis

Rolex Awards Laureate leads recycling breakthrough
Follow @LuxuryDaily for the latest in luxury news
De Beers Group finds diamond host stone in Angola