Prior to my articles on Patagonia and Saks Inc., I promised to deliver some interesting reads on luxury goods in Asia. I am now delivering on that promise with enough reading to keep you as busy as a W&M MBA student. Below are some some of my favorite reports/article on the Asian market for luxury from well the respected consulting firm, Mckinsey & Company. Some worthy reads over the weekend, with a pot of coffee (or tea) waiting in the wings. Enjoy…
No seismic shift for luxury in post-quake Japan – May/June 2011
Although they were rocked by the Tohoku earthquake, Japan’s luxury consumers are back shopping—but with caution.
Korea’s luxury market: Demanding consumers, but room to grow – September 2011
This year’s Luxury Consumer Survey addresses three key questions: Can South Korea keep it up? What’s changing? And what do these trends mean for the players in the luxury industry?
Five questions for … Christophe Lorvo – May 2011
Christophe Lorvo, general manager of the Grand Hyatt Tokyo, answers questions about the global hotel business—and how to keep going after an earthquake.
Understanding China’s growing love for luxury – March 2011
McKinsey’s in-depth annual report on the Chinese luxury market reveals two major trends: There are more luxury consumers, and they are more sophisticated.