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China's young ultra-rich seen reshaping wealth management, art collection and luxury spending: HSBC summit speakers

Wealth management is transforming into ‘a new virtual format in addition to the traditional finance space’, asset manager says. ....

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The Resilience Of Luxury Brands To Be Tested In 2024

Despite solid fundamentals, the luxury market faces growing headwinds closing out 2023 and into 2024, according to the latest Bain-Altagamma luxury market report. ....

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Widening rich-poor divide means target population for businesses is getting exclusive

Global luxury brands are targeting the richer among the rich in China ....

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Inflation means even the affluent are spending less

UK s Burberry sees store sales growth dipping to just 1pc in second quarter against 18pc in first ....

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Luxury Consumers Are Ready to Shop for the Holidays Amid Macroeconomic Uncertainty

Luxury Consumers Are Ready to Shop for the Holidays Amid Macroeconomic Uncertainty
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