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#affluent Asians

Every story tagged #affluent Asians on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Luxstate Central 42 WheelockHouse 1b
General
3 min read

Hong Kong’s Wheelock to exit struggling media business

A subsidiary of Hong Kong-listed developer Wheelock has decided to end funding for its pay TV operator in a bid to focus on property development, leaving the fate of its loss-making business up in the air. Wharf Holdings, a 58%-owned subsidiary of Wheelock,…

china retail web
General
1 min read

Affluent Asians spending on status

Goods and experiences which provide “a sense of status, exclusivity and uniqueness” are key considerations when shopping for luxury items for Asia Pacific’s elite, according to the Visa Affluent Study 2015. In other words, affluent Asians are prepared to…