Automated Investing

LUXURY PRODUCTS

CHINA'S LUXURY PRODUCTS BUYING POWER IS DOUBLED DESPITE THE PANDEMIC

According to a report from Alibaba shopping platform Tmall and consulting firm Bain, the Chinese luxury marketplace grew by about 48% this year to about $52.9 billion.

According to a report from Alibaba shopping platform Tmall and consulting firm Bain, the Chinese luxury marketplace grew by about 48% this year to about $52.9 billion.

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THE SUPER-RICH POUR MONEY INTO ONLINE SHOPPING FOR LUXURY PRODUCTS

The super-rich are pouring money into online shopping for luxury products as much as ever, despite the Covid-19 epidemic.

The super-rich are pouring money into online shopping for luxury products as much as ever, despite the Covid-19 epidemic.

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WHAT IS HAPPENING NOW WITH ITALIAN LUXURY PRODUCTS INDUSTRY?

Italy contributes about 40% of the global luxury products manufacturing industry and currently Italian luxury products industry is struggling to cope with the devastation of COVID-19.

Italy contributes about 40% of the global luxury products manufacturing industry and currently Italian luxury products industry is struggling to cope with the devastation of COVID-19.

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