2022 has been an eventful 12 months for the buyer industry. On the one hand, with consumers resuming traveling internationally, luxury and sweetness groups have resumed their high level of growth in traditional high-end consumer markets equivalent to the U.S., Japan, and Europe. But then again, there was a slowdown in the expansion of the Chinese market, a market that used to assist international brands persevere within the face of difficulty for the past two years. Nevertheless, with the Chinese market still bearing considerable volume and potential, corporations might want to seek innovation opportunities on multiple levels to attain sustainable growth.
In accordance with the Report on Digital Trends of China’s Luxury Market and Report on Digital Trends of China’s Prestige...
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