Consumer Spending

【Hong Kong】Hong Kong Retailers, Caterers Enjoy ‘Golden Week’ Business Growth of Up to 20%

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Editor’s NoteHong Kong’s retail and catering sectors saw a significant boost during China’s National Day holiday, with some businesses reporting…

【Spain】Mass Consumption Grows 3.5% in Spain, but Shoppers Continue to Adjust Spending

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Editor’s NoteThis analysis of Spain’s consumer market reveals a shift toward more frequent, smaller shopping trips as households manage budgets amid…

【India】GST Revamp: Jewellery Sector’s Tax Rate Steady at 3%; Industry Sees Indirect Gains but Mixed Outlook

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Editor’s NoteThe government’s decision to maintain the current GST rate on gems and jewellery has elicited a divided response from the industry….

【Paris, Franc】LVMH Profits Tumble 22% as Luxury Headwinds Persist

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Editor’s NoteLVMH’s first-half results reflect a challenging global environment, with revenue and profit declines across key divisions. The luxury…

【South Korea】Retail Sales in May Rise 7%, Online Sales Soar 13%… Impact of Luxury Watch and Jewelry Purchases

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Editor’s NoteThis article highlights a notable 7% year-on-year sales growth for major domestic retailers in May. The key insight is that while…

【South Korea】Beyond Luxury Bags to Watches and Jewelry… Department Stores Find Breakthrough in High-End Consumption

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Editor’s NoteThis analysis highlights a key trend in retail: while overall department store transactions declined in March, the average purchase…

【South Korea】Shinsegae Department Store to Hold ‘Luxury Watch & Jewelry Fair’ Across All Stores

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Editor’s NoteThis article outlines a luxury shopping event by Shinsegae Department Store, targeting soon-to-be-wed couples and VIPs. The fair offers…

【Paris, Franc】LVMH: Weighed Down by Deteriorating Chinese Demand, LVMH Plunges on the Stock Market

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Editor’s NoteThis article discusses LVMH’s recent quarterly sales report, which fell short of market expectations. The performance highlights…

【Italy】A Shift in Behavior – How Luxury Consumers Have Changed

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Editor’s NoteThis article explores how exclusivity alone no longer guarantees brand loyalty in today’s competitive market. True value must be…