Reuters

China's young shoppers breathe new life into luxury market

China's young shoppers breathe new life into luxury market

  • January 31, 2018
  • min read

Reuters

China's young shoppers breathe new life into luxury market

Millennial shoppers pushed the Chinese market up to 142 billion yuan ($22.07 billion) in sales last year, about 20 percent higher than the year before. It is by far the steepest jump in over half a decade of sluggish growth, according to a report by Bain & Company.