# consumer behaviour

Latest news and articles about consumer behaviour

Total: 7 articles found

Close-up of elegant gold and diamond rings on a modern abstract surface, showcasing luxury style.
Business

Why China’s Laopu Gold Just Hiked Prices by 20–30% — and Customers Keep Buying

Laopu Gold’s 20–30% price rise at the start of 2026 produced a buying frenzy rather than deterring customers, underscoring the brand’s transition from jeweller to luxury-asset maker. Strong resale demand and elevated gold prices have reinforced the perception of jewellery as an investable, appreciating good, but rising raw-material costs and intensifying competition threaten margins and the sustainability of the model.

SoBiz2026年3月7日 05:41
#Laopu Gold#China gold market#luxury jewellery
A stunning close-up of elegant gold and diamond rings on a reflective surface.
Business

Laopu Gold’s 20–30% Price Shock Sparks Queue Mania, Resale and a Bid to Be China’s Next Luxury Name

Laopu Gold implemented a large 20–30% retail price increase that triggered massive online and in-store demand, queues and a small secondary market for orders. The episode underlines growing overlap between Chinese heritage gold brands and international luxury consumers while exposing risks from copycats, price volatility and possible demand fatigue.

SoBiz2026年2月28日 11:37
#China#gold jewellery#Laopu Gold
Detailed view of premium cigars with visible textures and labels in a box.
Business

320,000 Down: China’s Smoke-and-Spirits Shops Shrink as Margins Vanish

A steep downturn in China’s dedicated tobacco-and-liquor shops has wiped out margins and closed roughly 320,000 outlets in 2025, reflecting shifts in consumer behaviour, channel strategies and pricing transparency. The result is a structural retail shakeout in which surviving businesses will need new models of service, niche focus or integration with digital channels to stay viable.

SoBiz2026年2月28日 04:57
#China#retail#tobacco
A couple celebrating Chinese New Year in a beautifully decorated room with traditional red ornaments.
Business

Delivering Reunion: How China’s New Year Eve Dinners Became a Booming Delivery Market

Search interest for delivered and takeaway New Year’s Eve dinners in China surged in early February, with several hundred-percent jumps across related search terms. Restaurants and platforms are responding with dedicated delivery services, extended logistics into rural areas and new seasonal product offerings, reshaping how families consume the Spring Festival reunion meal.

SoBiz2026年2月16日 12:04
#Spring Festival#Chinese New Year#food delivery
A contemporary shopping mall hallway with glass reflections and modern architecture.
Business

China’s Outlet Boom: How suburban “discount bazaars” are remaking retail and reviving spending

China’s outlet centres have surged in popularity, filling a gap left by underperforming urban malls and unreliable e-commerce. Attracting middle-aged men, suburban families and young consumers disenchanted with online shopping, outlets have become suburban multipurpose destinations and a fast‑growing retail channel.

SoBiz2026年2月15日 10:24
#outlet malls#China retail#consumer behaviour
Explore the sprawling layout of Junction 32 Shopping Centre from an aerial perspective in West Yorkshire, England.
Business

China’s Outlet Mall Boom: How suburban ‘discount havens’ are rewiring post‑pandemic retail

Outlet malls are enjoying a post‑pandemic renaissance across China, drawing a diverse mix of middle‑aged men, suburban families and disenchanted online shoppers with open‑air design, clustered brand offerings and visible discounts. Rapid expansion by established chains and new entrants is reshaping retail geography, but the model faces risks from discount dilution, overcapacity and rising consumer scepticism about promotional authenticity.

SoBiz2026年2月14日 08:34
#retail#outlet malls#China
Explore the modern architecture of a luxury shopping mall in Hong Kong.
Business

IKEA’s Clearance Rush: A Last Hurrah — and a Symptom of China’s Furniture Retail Shake‑Up

IKEA’s high-profile clearance sales at seven closing Chinese megastores drew crowds and chaotic scenes, highlighting the decline of large-format furniture malls and the rise of small-format, omnichannel retail. Consumer preferences, e-commerce competition and changing urban living patterns are reshaping China’s home-furnishing market, creating winners among agile domestic brands and lifestyle retailers and headaches for landlords and legacy operators.

SoBiz2026年2月8日 09:50
#IKEA#China retail#furniture malls