By Dennis Lin
With a population of over 1.35bn, the world’s largest, China is an exciting and dynamic market for UK businesses. Dennis Lin, Head of China Desk at Santander UK, tells us why UK businesses should look to the Chinese market when thinking about exporting – as part of our four-part country series.
It’s long been told that luxury good retailers will emerge as the most active and expansive retail sector. And despite the global economic slowdown, they have continued to do just that – albeit at a much slower pace. On average, such retailers operate in 25 countries and 50 cities worldwide, giving them the biggest global presence of retail sectors. But one country continues to stand apart from the rest as a major target: China.
By Helen McCall
In the past few years alone we’ve seen personalisation, targeted ads and a seamless multi-channel experience become must-haves rather than nice-to-haves, and the level of personalised attention consumers expect from brands is now staggering.
A Chalhoub Group report reveals the potential for luxury retailers in the Gulf Co-operation Council (GCC) countries, as well as the spending behaviours of the young consumers living in the region.
