May 29, 2019 / By mobanmarket
Hedge fund titan Paul Tudor Jones and several others joined MacKenzie Bezos on Tuesday as being among the philanthropists who recently signed onto the Giving Pledge, vowing to donate at least half of their wealth to charity. Continue Reading Below The 19 new signatories were announced in a news release Tuesday from the group, which was […]
View ArticleMay 29, 2019 / By mobanmarket
Stocks gave back early gains to close lower on Tuesday while U.S. Treasury yields fell as investors anticipate slowing global economic growth given the trade war with China. Continue Reading Below Both the U.S. and China raised tariffs on billions of dollars worth of each other’s goods earlier this month and the rising tensions have pushed the […]
View ArticleMay 29, 2019 / By mobanmarket
Independent Vermont Sen. Bernie Sanders wants to give U.S. workers more say in what goes on at America’s biggest companies. Continue Reading Below Sanders is working on two plans that aim to give workers more influence at their companies, his office confirmed to FOX Business on Tuesday, including one that would require large corporations to […]
View ArticleMay 29, 2019 / By mobanmarket
Many Chinese customers shop for their favorite luxury brands based on the lowest prices they can find. They watch currency fluctuations carefully to see if one region happens to have a value dip (like when the U.K. announced it was leaving the EU, for example) and then travel to that country specifically to buy luxury […]
View ArticleMay 29, 2019 / By mobanmarket
China has become the most critical market worldwide for key opinion leaders (KOLs for short, also known as “influencers“). To be more precise, it’s the most important market for luxury brands to find, select, and connect with the right KOL. This is still quite a challenge for many Western companies that are trying to market […]
View ArticleMay 29, 2019 / By mobanmarket
China’s post-90’s Millennials and Gen-Zers came of age in a quickly-developing and economically-open country with access to the latest global trends and information via the Internet and global travel. But their grandparents were raised quite differently (under the conformity of Mao’s communism) while their parents experienced China’s massive changes during their middle-age years. These young […]
View ArticleMay 28, 2019 / By mobanmarket
As brands continue to target Chinese luxury consumers around the world, one segment that has been overlooked is Chinese foreign students. In comparison to their peers from Europe and North America, Chinese overseas students are increasingly wealthy — and keener than ever to splash and spend their (parents’) cash. Last week in London, the digital […]
View ArticleMay 28, 2019 / By mobanmarket
China has become the most critical market worldwide for key opinion leaders (KOLs for short, also known as “influencers“). To be more precise, it’s the most important market for luxury brands to find, select, and connect with the right KOL. This is still quite a challenge for many Western companies that are trying to market […]
View ArticleMay 27, 2019 / By mobanmarket
Louis Vuitton debuted on Little Red Book (a.k.a. Red) earlier this month, becoming the first luxury brand to launch a page on this popular social shopping platform. This begs the question: Will Red — newly legitimized by this huge international brand — continue to reel in more big luxury brands? The very first post on […]
View ArticleMay 27, 2019 / By mobanmarket
This post originally appeared on The Moodie Davitt Report, our content partner. CDF-Sunrise Duty Free’s new eight-boutique luxury beauty concept, inaugurated at Beijing Capital International Airport Terminal 2 on May 16, offers a compelling template for other retailers and airports to adopt, according to the brand houses involved. As revealed in The Moodie Davitt Report’s exclusive […]
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