Many marketing executives, advertisers and name brand and publicity managers have difficulty understanding the reality of Asia and Latin America. Either they have geographic and economic knowledge, or they have inherited a deformed image, as mirrored in literature and the cinema.
Flair is in its fourth year. Our ambition again is to describe what has happened and form hypotheses on what might happen, seeking to read between the lines of our data and to discern what was not said in our interviews.
Overriding the positive trend noted in the previous Economic Pulse report, the last month of 2014 closed on the negative note with all three economic assessment indicators down since last month and down two points since October 2014..
With outbound travel from Hong Kong and Macau expected to maintain stable growth, local travel agents able to cater to changing customer needs by providing unique and innovative packaged tours will be best positioned to lead the industry.
The general increase in raw material price resulted in the increase in production cost of leather garment, which pushed up the average price of leather jacket per piece (at manufacturer level) in China.
The growth of Indonesia's healthcare industry has been boosted by the newly implemented Universal Health Insurance as more people are gaining access to healthcare facilities.
Indonesia's economy is undergoing unprecedented development with industrialization and rapid urbanization resulting in increasing demand for electricity.
Positive consumer dynamics will continue to drive Chinese shoppers as the world’s number one luxury force. The China Luxury Forecast surveys luxury consumers in the mainland China and Hong Kong. This is the most detailed survey in Greater China looking at the behaviors and attitudes in the luxury sector.
