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Affordable luxury in China is not about compromise, but about credibility. Consumers seek status, quality, and brand recognition, and clear justification for higher prices. As Chinese luxury buyers grow more discerning, they prefer products that blend credible design, practicality, social value, and reasonable pricing.
The ‘old-money’ fashion trend （#老钱风） has ga...
In the gummies and jellies market in China, satisfying a craving remains a primary driver. However, consumers are increasingly seeking emotional relief, the shared experience of being with fans at a concert, and an expression of cultural identity within the Guochao narrative.
Download our China’s F&B industry white paper The gummies and...In March 2026, a three-year-old Chinese apparel label called W.MANAGEMENT took over H&M’s former flagship space in Hong Kong’s Causeway Bay, roughly 30,000 square feet, at a
China’s consumption stimulus entered a new phase in 2026, backed by the most coordinated policy effort in years. The central government renewed RMB 1.3 trillion in ultra-long special treasury bonds, of which
Total retail sales grew 3.7% in 2025, trailing both GDP growth and household income growth for the second year running. Nearly 60% of the country’s top 100 retail chains saw store counts stagnate or shrink. New openings of shopping malls in China fell to a 13-year low in 2025, down 24% from the year before.
While these stats paint a picture of the end of the mall er...