Luxury Retail’s Reliance on Asia Continues with China

Luxury retail is a globally important industry, and the Asia Pacific region has always been one of its core engines. Reviewing the context of Dana Thomas's book, Deluxe: How Luxury Lost its Luster, provides the backdrop for China's transformation into the most important Asian country for luxury retail. Using specific examples and interesting travel data adds even more modern evidence for how important the Chinese have become.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.