Logo fatigue in China – Shaun Rein
2014-01-28
Famous brands are losing their star status in China, as preferences of consumers shift, tells retail analyst Shaun Rein at Adage, in its 2014 of changing consumer trends in China.Read More →
Frugality is the new normal – Rupert Hoogewerf
2014-01-28
The luxury industry looks carefully on how China´s consumers are changing their attitudes. For AdAge Global Hurun and China rich list founder Rupert Hoogewerf explains that the current downturn in extravagant spending is here to stay.Read More →
Sales luxury goods expected to drop further – Rupert Hoogewerf
2014-01-17
Sales of luxury goods dropped in 2013, the third year of decline, and is expected to drop even further in 2014, according to a new Hurun report. “In terms of traditional luxury – leathers, accessories, watches – this year is going to be flat if not a little bit down,” Hurun founder Rupert Hoogewerf tells Reuters.Read More →
China’s consumers move away from blink – Shaun Rein
2013-07-24
Paris and Europe in general are losing track as hot spots for buying luxury goods, as the crisis hits China’s middle class, and consumers move from luxury goods to lifestyle, tells business analyst Shaun Rein in WSJ. “Why buying expensive goods, if you cannot have clean water and air?”Read More →
Inflation overtakes luxury good growth – Rupert Hoogewerf
2013-07-19
For the first time in a decade growth of luxury goods in China has stalled, as inflation is larger than the recorder growth, says China’s rich list founder Rupert Hoogewerf, and composer of the China Luxury Goods Price Index in the Shanghai Daily. Causes: the fight against corruption and the economic downturn.Read More →
Get a European butler, the latest China trend – Rupert Hoogewerf
2012-12-15
China’s rich have just found another thing they love to have, the European butler, explains Hurun rich list founder Rupert Hoogewerf to Aljazeera. But not for long, as Chinese butlers are getting European training too.Read More →
China’s consumption is booming – Shaun Rein
2012-11-21
Business analyst Shaun Rein appeared on the “On China” show of CNN’s Kristie Lu Stout, discussing China’s growing consumption, Barbie and how even in a downturn China’s wealthy will become wealthier.Read More →
China’s rich now only go for top luxury brands – Rupert Hoogewerf
2012-10-04
Previous darlings of the luxury industry like Louis Vuitton, Gucci, Omega, Versace and Hugo Boss are out of grace, as the country’s really rich focus on high quality, the real stuff, in stead of those parvenu brands. Hurun founder Rupert Hoogewerf explains in the China Daily what has changed.Read More →
The changing Chinese preferences for luxury goods – Shaun Rein
2012-09-11
Chinese consumers still buy luxury goods, despite a relative economic dip, says business analyst Shaun Rein in the New York Times. But their preferences are shifting and diversifying, depending on demographics and spending power.Read More →
Confidence of luxury consumers got a hit – Rupert Hoogewerf
2012-09-06
The economic slowdown is now also hurting the confidence of the luxury consumers, concludes rich-list founder Rupert Hoogewerf or Hurun, based on the 2012 Hurun Luxury Price Index, quoted in the China Daily. Growth is the lowest in six years time.Read More →
Why Australia appeals to the Chinese tourist – Paul French
2012-07-18
Australia is one of the favorite destinations for 40 percent of the Chinese tourists, even beating France and the US. Retail analyst Paul French of Access Asia explains in InsideRetailing why.Read More →
Consumers continue to spend on home decoration – Shaun Rein
2012-06-28
China’s consumers continue to spend, despite a small dip in growth, also for decorating their homes, argues business analyst Shaun Rein, and goes against JWT executive Tom Doctoroff, who says Chinese consumers go for cheaper products. Shaun Rein dismantles three consumers myths in Business Week.Read More →