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Market Turmoil in China – What’s in Store for 2016?

January 11, 2016/0/0/

It was a tumultuous start to 2016. As the week began, amid a sudden devaluation of the RMB, the Chinese market plunged 7 percent, triggering a market suspension. Instead of calming nerves, the market suspension — or “circuit breaker” mechanism — then arguably caused more panic, with shares falling yet again before stabilizing. By the […]

Business & Finance , ,

Paris Attacks: How Will Chinese Tourism Fare?

November 23, 2015/0/0/

The tragic events of November 13th in Paris are unlikely to easily fade from the minds of Parisians. Already reeling from the Charlie Hebdo attacks earlier this year, a somber, fearful and weary mood prevailed in the city as Parisians returned to work last week. Eerily quiet streets and empty bistros across the city begged the […]

Marketing & Branding, Travel/Leisure , , , ,

How Do Chinese Tourists Really Feel About Paris?

October 26, 2015/0/0/

There’s no denying that France holds a special place in the hearts of Chinese tourists. Last year, an estimated 2.2 million mainland Chinese travelers visited the country, up from 1.7 million in 2013. And owing to a weaker euro, French retailers have continued to see strong sales to Chinese travelers in 2015. The allure of […]

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What Does China’s Currency Devaluation Really Mean for Luxury?

August 17, 2015/0/0/

Last week was a tumultuous one for international markets and the luxury industry. China’s unexpected announcement of a “one-off” devaluation of the Renminbi (RMB) — which actually happened twice — stunned markets, with shares falling across the globe. However, it was arguably those in the luxury sector that were hit the hardest, with firms such as LVMH […]

Business & Finance, Travel/Leisure , , , , ,

What Does China’s Market Correction Mean For Luxury?

July 20, 2015/0/0/

While all eyes have been on the ongoing crisis in Greece, a possible “Grexit” and a questionable deal with European creditors, another worrying crisis has been unfolding in a far larger market —  and one that has been critical to the luxury industry’s spectacular growth over the past decade — China. In mid-June, the Shanghai […]

Business & Finance, Marketing & Branding , , , ,
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