The downturn in the luxury sector will show no immediate signs of improving in the first half of 2025, according to global management consulting firm Bain & Company. The China Luxury Report warns of a ...

Some of their members are flashy tech and gaming millionaires inhabiting Shanghai and Guangzhou's glitziest apartments ... reasons why loud luxury is fading out in China. In a similar vein ...

Hang Lung Properties, or HLP, is a property developer that develops and holds a portfolio of investment properties for rental income in Mainland China and Hong Kong. Beginning in the late 1990s ...

SHANGHAI, - China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company ...

A convicted felon living in a luxury Baltimore apartment was found guilty of possessing ... including mass fentanyl producers in China. Court documents state that evidence also revealed he had ...

China's luxury market experienced an 18-20% decline in 2024, signaling an end to its exponential growth, with sales stagnating this year. Despite stimulus measures, consumer confidence remains low ...