The country‘s retail industry has already experienced double-digit growth in the most recent years. New shopping establishments are popping up, and new players are entering the market.
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The Era Where Luxury Meets Technology
Luxury groups are investing heavily in the latest technologies to elevate their products and digital strategies to a whole new level. Recently we have seen a strong increase in the…
Luxury Brand Strategies in Emerging Markets
Luxury brands have set their eyes on emerging markets, like China’s tier 2 and 3 cities, and India, where consumers with newfound access to money and information are becoming avid purveyors and consumers of luxury goods and experiences. Yet, there is no one size fits all strategy that brands use when it comes to increasing their market share in these emerging markets.
Top 3 Priorities of Affluent Asian Millennials: Health, Travel, and Spending Time with Family
Thanks to their Affluent Insights Luxury Study 2017, the Agility Research & Strategy team have uncovered the top 3 priorities for affluent millennials. Ali Mirza reveals the results and what it all means for luxury brands.
China vs. America: The Different Spending Habits of the Wealthy
There are currently 1 million Chinese people and 5 million Americans with at least 1 million USD in assets, or what the luxury, property and financial industries classify as “High Net Worth Individuals.” These HNWIs are a lucrative segment and one where brands are eager to increase their marketshare.