The luxury industry looks carefully on how China´s consumers are changing their attitudes. For AdAge Global Hurun and China rich list founder Rupert Hoogewerf explains that the current downturn in extravagant spending is here to stay.Read More →

Sales of luxury goods dropped in 2013, the third year of decline, and is expected to drop even further in 2014, according to a new Hurun report. “In terms of traditional luxury – leathers, accessories, watches – this year is going to be flat if not a little bit down,” Hurun founder Rupert Hoogewerf tells Reuters.Read More →

China’s rich are becoming richer, reported the annual Hurun Rich list this week. The number of dollar billionaires went up with 27 percent, but – admits Hurun founder Rupert Hoogewerf in The Indepent, Although: “Valuing the wealth of China’s richest is as much an art as it is a science”.Read More →