Business

Chinese ‘wannabe’ Luxury Consumers Growing

Chinese ‘wannabe’ Luxury Consumers Growing

The Chinese luxury market is evolving, and along with it evolves the average Chinese consumer. From ‘omnivores’ who will buy anything with a luxury label attached to it, to the ‘wannabes’ who strive for more accessible brands in order to become part of the wealthy elite; the Chinese luxury consumer has broadened and matured.

Chinese consumers crave wearable devices

Chinese consumers crave wearable devices

China has become the biggest market of wearable in the past … years. This trend goes along with an increasing interest in fitness and changes in lifestyle habits of the chinese middle class.

Self-driving cars hit the road

Self-driving cars hit the road

Uber and Volvo begin testing in Pittsburgh while Google, Apple, General Motors, Ford, Tesla and other competitors seek to bring autonomous vehicles to market.

Yahoo: What went wrong?

Yahoo: What went wrong?

Outdone by rivals Google and Facebook as well as its own missteps, the once-dominant internet giant prepares to sell off its core operation.

JPMorgan Embraces Fintech

JPMorgan Embraces Fintech

Fending off the growing challenge from payment start-ups operating in the traditional banking space, JPMorgan is repositioning itself as a tech company

Rise in Counterfeit Luxury Goods

Rise in Counterfeit Luxury Goods

The digital revolution has seen counterfeit trading upgrade from illegal vendors selling on back streets to indistinguishably genuine-looking products sold online and has become a global and multibillion dollar problem.