Demand for luxury goods in mainland China is falling. The country’s economy is slowing down, and some shoppers are rethinking their luxury purchases. But economic headwinds aren’t the only factor
LVMH reported a 3% decline in sales in its most recent quarter. The drop is driven by decreased demand from Chinese consumers, affecting luxury sales. Investors were disappointed when Beijing
China’s thrifty consumers are boosting Asian companies with wallet-friendly offerings. Companies like Japan’s Saizeriya, Yum China, and Fast Retailing have recently reported strong sales. China is in a prolonged economic
LaJuan, a content creator and part-time English teacher, lives in a micro-apartment in Nagoya, Japan. His micro-apartment is 194 square feet, and he pays 32,420 Japanese yen, or about $230,
Cherie Luo worked at a matcha farm as part of a requirement during her time at Stanford Graduate Business School. Luo, 29, said her time on the matcha farm changed
