Bain & Company Archives - Inside Retail Asia

Growth eases in Chinese fast-moving consumer goods industry

Growth slowed in the Chinese fast-moving consumer goods industry in the first half of this year, according to a report on Chinese shopping habits.

China spur for luxury market growth

A firm rebound in China with purchasing both at home and overseas is predicted to restore luxury market growth this year.

China spur for luxury market growth

A firm rebound in China with purchasing both at home and overseas is predicted to restore luxury market growth this year.

Younger buyers seen as key for luxury industry

Younger buyers will be key for the luxury industry in the next decade as it enters a “new normal” of lower growth.

Younger buyers seen as key for luxury industry

Younger buyers will be key for the luxury industry in the next decade as it enters a “new normal” of lower growth.

Chinese luxury spend abroad soars in 2015

The Mainland Chinese luxury spend abroad soared 10 per cent in 2015, despite a 25 per cent slump in sales in hong Kong.

China retail consumption to jump 50%

China retail consumption will jump 50 per cent to $6.5 trillion by 2020, with online transactions accounting for half of that growth, according to new research.

Offshore Chinese luxury spend up 10 per cent

Chinese luxury goods spending plummets 25 per cent in Hong Kong – but rises 10 per cent globally.

Chinese account for 31% of global luxury sales

Chinese shoppers now account for 31 per cent of the world’s annual luxury sales which this year will surpass €1 trillion in value.

Foreign brands face China squeeze

Foreign brands are facing a sales squeeze in China as market growth slows and local companies’ street cred rises. Chinese consumer goods companies especially are building market share at the expense of international brands, according to research from private equity investor Bain & Company and Kantar Worldpanel. It says China’s market for soft drinks, packaged foods, personal care and other consumer staples has slowed by a stunning two-thirds since 2011. Six in 10 foreign brands report …

Coach in rapid China rollout

American luxury brand Coach plans to open 30 new stores in China by the end of June 2014. The new stores will add to its existing 147 stores in the China region, including Hong Kong and Macau. While its third quarter sales decreased by seven per cent to $1.1 billion, its China sales grew 25 per cent, allowing it to maintain its positive outlook. Bain & Company has reported that China’s luxury sector is cooling down as more and more Chinese do their shopping abroad. However, women…

Understanding today’s luxury consumer

A divergence of taste and buying behaviour is emerging in the global luxury retail sector according to a study by Bain & Company. The study concludes that changing generational shifts and unprecedented fragmentation are behind the rise of seven new faces of the luxury consumer. “Luxury brands must understand the full range of heterogeneous luxury consumer segmentations, execute relentlessly on reaching the segments that have the highest potential, and invest in capturing the attention …