Will China's Millennials open the door for new brands in Travel Retail? - Analysis

Will China’s Millennials open the door for new brands in Travel Retail? – Analysis

At the TFWA China's Century Conference in Guangzhou last week, speaker after speaker lined up to talk about the changing face of Chinese luxury consumerism. Gone are the days when premiumisation in China meant sticking some red and gold glint on the packaging and raising the price by 30%. When it comes to brand awareness, China's Millennials are much more savvy in their brand awareness than their parents.

March 14, 2017

At the TFWA China’s Century Conference in Guangzhou last week, speaker after speaker lined up to talk about the changing face of Chinese luxury consumerism. Gone are the days when premiumisation in China meant sticking some red and gold glint on the packaging and raising the price by 30%. When it comes to brand awareness, China’s Millennials are much more savvy in their brand awareness than their parents.

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