Web1 day ago · European equities inched higher on Thursday as luxury shares rallied on LVMH’s strong sales and as falling US producer prices gave optimism to investors betting that the rate-hiking cycle is ... WebFeb 9, 2024 · Bain believes China’s personal luxury market can enjoy low double-digit growth again this year. ... Growth was even larger for Li-Ning, which reported gross profits of 5.7 billion yuan ($901 million) in the first six months of 2024, up 86% from a year earlier. We’re also very bullish on auto sales in China, the world’s largest market. In ...
Report: China’s Luxury Resale Market to Reach $33 Billion by 2025
WebApr 13, 2024 · PUNE, April 13, 2024 (GLOBE NEWSWIRE) -- "Luxury Hotel Market" research report focus on overall information that can help to take decisions on current market situation. Luxury Hotel Market Report ... WebDec 16, 2024 · The growth will almost double mainland China’s overall share of the global industry from 11% last year to 20% in 2024, the firms said. “Mainland China is the only major luxury market to grow ... how much are burners
The glittering power of cities for luxury growth McKinsey
WebSep 26, 2024 · As pointed out in Bain & Company’s China Luxury Report 2024, there was a 36% increase in China’s domestic sales of personal luxury goods from 2024 to 2024. The mainland high‑end watch market is dominated by imported brands, and 170,000 more high‑end watches were imported in 2024 than in the previous year. ... Total exports … WebMar 23, 2024 · The U.S. Market is Estimated at $53.1 Billion in 2024, While China is Forecast to Reach $31.6 Billion by 2026 ... these two regions hold positive prospects for luxury goods market growth in future. WebAug 12, 2024 · The explosion. China’s luxury spending will nearly double between now and 2025. Propelling this growth (nearly three-quarters of all new spending globally) is an explosion in upper-middle-class … photography mini session ideas