Asian Luxury Consumers Rethink Spending Habits, Says Bluebell Group

Asian luxury consumers rethink spending habits, says Bluebell Group

Consumer confidence across key Asian markets—including China, Southeast Asia, and Japan—is on the decline, according to the latest edition of the ‘Asia Lifestyle Consumer Profile’, an annual study by Bluebell Group, a leading distributor and operator of luxury brands in the region. Now in its fifth year, the report provides a deep dive into the […] The post Asian luxury consumers rethink spending habits, says Bluebell Group appeared first on App…

Bluebell Group research reveals evolving luxury priorities among Asian consumers

The findings are based on Bluebell Group’s fifth annual Asia Lifestyle Consumer Profile, drawn from a March 2025 survey of 1,500 luxury consumers across Mainland China, Hong Kong SAR, South Korea, Japan and Southeast Asia.

Richemont Faces 19% Sales Decline in Asia Pacific: What It Means for the Luxury Market

Richemont Reports Significant Sales Decline in Asia Pacific Amid Challenging Market Dynamics Richemont, the renowned Swiss luxury goods conglomerate, has experienced a notable downturn in its sales figures for the first quarter of the fiscal year, with revenues from the Asia Pacific region dropping by an alarming 19%. This decline is primarily linked to a mix of challenging market conditions and evolving consumer preferences, which have resulted…

The new rules for selling luxury in China, Japan and Southeast Asia

We unpack the latest study into how consumers in key markets across East and Southeast Asia perceive luxury today and what they expect from the shopping experience.