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China luxury market trends: Why consumers are shifting to frugal and online shopping
When Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until she considered how Chinese spending habits have changed in recent years. "I think people's spending habits after the pandemic may be more cost-effective and practical,"on a pilgrimage to the Galeries on its penultimate day of operations.
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france24.com
French luxury store shuts Beijing flagship after 13 years as China spending weakens
French luxury retailer Galeries Lafayette closed its flagship Beijing store on Wednesday after 13 years, underscoring weak consumer spending and changing shopping habits in China.…
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Frugal and more online: smarter spenders rewrite luxury's China dream
When Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until she considered how Chinese spending habits…
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economictimes.indiatimes.com
China luxury market trends: Why consumers are shifting to frugal and online shopping
When Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until she considered how Chinese spending habits…
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hurriyetdailynews.com
French luxury store shuts doors in Beijing after 13 years - Latest News
Major French luxury department store Galeries Lafayette closed its first China flagship branch on Wednesday, over a decade after opening, pointing to sluggish domestic consumption…
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euronews.com
China: Galeries Lafayette shuts Beijing store 13 years after opening
The French group has made it clear that it is not leaving the Chinese capital for good, as it now plans to focus on brands and products better aligned with the new expectations of…
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French luxury giant Galeries Lafayette shuts Beijing flagship store
The French group has made it clear that it is not leaving the Chinese capital for good, as it now plans to focus on brands and products better aligned with the new expectations of…
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g4media.ro
Consumatori mai calculați și tot mai orientați spre online: cum își schimbă China relația cu luxul
Când a aflat că unul dintre magazinele sale de lux preferate din Beijing se închide, Jacqueline Li a fost surprinsă, până când a realizat cât de mult s-au