Luxury Retail’s Reliance on Asia Continues with China

Luxury retail is a globally important industry, and the Asia Pacific region has always been one of its core engines. Reviewing the context of Dana Thomas's book, Deluxe: How Luxury Lost its Luster, provides the backdrop for China's transformation into the most important Asian country for luxury retail. Using specific examples and interesting travel data adds even more modern evidence for how important the Chinese have become.