To stimulate more domestic consumption, the government needs to boost middle-class incomes and Chinese consumer brands. (Want China Times). China Xintiandi to speed up sale of non-core assets. The company will also be developing its luxury …
It's unveiling eight – yes eight – new versions, such as the F-150 Tremor half-ton sport truck. Already consumers have had a lot of F-Series choices: the XLT extended cab, the XL regular cab, the luxury King Ranch and Longhorn editions, the muscle-y …
As the keynote speaker of the Conference, Ross O'Brien, Chief Economist of Economist Corporate Network, observes, "The Asian luxury consumer is defining a new, more nuanced relationship with their brands; increasingly using digital channels to learn …
Consumer Reports found the IS 250 to be "neither sporty nor luxurious." Though the IS 350 has performed well in road tests for many critics, the publication tested the IS 250 with the smaller 2.5-liter V6 engine because it's the model most consumers …
Starbucks has come under fire in China after CCTV alleged the world's largest coffee chain of charging much more for its coffee in China than in other countries. The coffee chain becomes the latest Western company to face scrutiny by Chinese consumers.
“Starbucks is a luxury product in China. For [Chinese customers], this is a lifestyle experience. Its main customers in China are women their 20s, who see it as a fashionable place to go. They go to Starbucks once a week and spent several hours there …
The wealthy consumer is coveted by luxury and non-luxury brands alike. However, it is important to remember that marketing to the wealthy isn't as simple as pushing a brand message – regardless of the channel. Brands must align themselves with affluent …
Why Starbucks has been able to avoid a consumer backlash for its China pricing provides three key lessons for luxury brands that are trying to engage with China's increasingly global consumers: Chinese consumers don't like feeling ripped off. Starbucks …
“We are pinning that to the budget feud in Washington and the federal government shutdown.” Auto testers at Consumer Reports are giving negative reviews to two new luxury sedans – the Lexus I-S 250 and Infinity Q50. “They're not cheap cars by any means …