The Wall Street Journal

Chinese Luxury Shoppers' Newest Destination: China; Shift in spending is giving high-end names a boost, but it also presents risks for brands

Chinese Luxury Shoppers' Newest Destination: China; Shift in spending is giving high-end names a boost, but it also presents risks for brands

  • February 05, 2017
  • min read

The Wall Street Journal

Chinese Luxury Shoppers' Newest Destination: China; Shift in spending is giving high-end names a boost, but it also presents risks for brands

In constant dollars, sales of personal luxury goods in mainland China rose 4% in 2016 and will increase at an even faster pace this year, predicts Bruno Lannes, a partner with Bain & Company.