Bain & Company

New Business

China shoppers swap boutiques for bargains, fuelling US$30 billion luxury resale boom

At a shopping centre in Shenzhen’s coastal business district, a store’s entrance feels more like a security checkpoint than a…

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New Business

Signs of bottoming appear in China’s luxury slowdown, as LVMH turns cautiously upbeat

China’s luxury market could be nearing the end of its slowdown, as improving stock prices and pent-up demand begin to…

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New Business

China’s cash-conscious consumers force Europe’s luxury giants to think small

In the Paris boutique of a Swiss luxury watchmaker, a Chinese customer anxiously discusses a credit card payment with her…

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New Business

Foreign brands in China are losing market share to domestic rivals, year after year

The world’s largest jewellery company by volume is facing a wave of store closures across China – a move that…

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New Business

Louis Vuitton, Gucci owners face tough times in China amid trade war, property slump

The world’s biggest luxury groups will continue to face challenges in China as the trade war with the US weighs…

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New Business

Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China

Multinational companies (MNCs) are losing ground in China as their “halo effect” fades amid rising competition and a consumer spending…

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New Business

China consumer spending to rise in 2025, but only modestly, Bain and Kantar say

China’s consumer market, stuck in a deflationary spiral, is poised to stage a recovery next year, buoyed by Beijing’s proactive…

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