China Luxury Briefing Monthly Roundup – May 2024
May 31, 2024
Key Takeaway Evolving Expectations: Modern consumers demand personalized and seamless loyalty experiences across all digital and physical touchpoints. Challenges with...
Market Updates China sees surge in outbound tourism for May Day holidays as international flight bookings reach record high International...
By Aslada Gu, Gusto Collective Shanghai (May 2024) -- This year has seen a number of challenges and opportunities for...
Market Updates China's online retail sales expand in first 2 months China's online retail sales logged steady growth in the...
In the fast-paced world of digital marketing, brands have long relied on cookies as a valuable tool to deliver personalized...
Market Updates China sets 2024 GDP growth target at around 5%, showing confidence in economic recovery China on March 5th...
In a world saturated with information, establishing brand differentiation and creating meaningful conversations has become a formidable challenge. Aaron Lau,...
Market Updates Spring Festival spending highlights momentum of China's economy China's eight-day Spring Festival holiday for the Year of the...
The Brand Technology Group Partners with Shanghai’s Newest Art Destination to Present the SS24 Fashion Collections...
Market Updates Spring Festival travel rush expected to surpass pre-pandemic levels, reach new highs During this year's Chunyun or Spring...
The Luxury Conversation is a platform curated by Gusto Collective for luxury professionals to connect, share and discuss Asia’s luxury industry and its rapidly evolving affluent consumers.
Gusto Collective is Asia’s leading Brand Technology group – delivering best-in-class storytelling and immersive experiences powered by the latest technology. Gusto is a leader in determining the future of next-gen customer experiences that are increasingly operating within the spheres of AR/VR, the metaverse, NFTs and Web3. The company was founded in January 2020 by technology and marketing veteran Aaron Lau, a renowned business leader. It offers four core service specialisms: luxury brand management, a VR/AR experience platform, Web3 turnkey solutions and a metahuman marketing platform. Gusto Collective employs more than 170 full-time “Gustodians” across four offices in Hong Kong, Shanghai, Tokyo and London.
The company has garnered widespread industry recognition as one of Forbes Asia’s 100 to Watch and as a TADs multi-award winner for excellence in NFT Innovations. Gusto Collective completed its seed plus fundraising in 2022 at US$23 million, with Animoca Brands and Gaw Capital leading the round.
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