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Mazars Releases Chinese Luxury Brand Consumers to Explore the "Luxury Consumption Ideology" of Chinese People
May 28th, 2020, Shanghai, China - "In China, Gen Z (i.e. post-95s) ranks first among the heavy luxury consumers who buy luxury goods every month, with more than 12 luxury items purchased each year!" This insightful conclusion comes from the Chinese Luxury Brand Consumers — A Generational, Gender and City-tier Analysis published today. On the day of the research report's release, Dr. Julie Laulusa, Managing Partner of Mazars China, the world's leading audit and advisory firm, invited a number of luxury industry heavyweights, including Mathieu Delmas, Managing Director of Piaget China, Stephane Wilmet, Chief Consumer Officer of L’Oréal China and Lawrance Shum, Chief Operating Officer of Galeries Lafayette China. Together, via a webinar, they share and explore the profound and thorough report which has researched on the luxury consumption views of four generations of Chinese consumers.
Mazars Reaffirms Commitment to China at 2020 China International Import Expo
Unveils new global brand identity and offers a series of thematic lectures and forums
Chinese luxury brand consumers — a generational, gender and city-tier analysis
As the impact of the epidemic stabilises in China, the domestic market is seeing a strong rebound in high-end consumption. Active in the second largest luxury market around the world, Chinese consumers are featured with strong capacity and high frequency of luxury consumption. China accounts for more than 33% of global luxury consumption – which is expected to rise to 40% by 2025. How to meet the expectations of this large and potentially diverse range of consumers is a key concern for forward-thinking market practitioners.
Striking the balance: Mazars publishes its 2018-2019 annual report
Looking to 2020, we see a bright future and many exciting prospects, but we know our stakeholders operate in testing times. That is why finding and maintaining the right balance resonates more than ever. With our 2019 Yearbook, we take the opportunity to reaffirm our commitment to accompanying our clients’ development, helping them navigate the complex environments in which they operate and grow in a sustainable way.
Mazars reports outstanding performance in 2019
15 January 2020: Mazars, the international audit and advisory firm, today announces revenues of €1.8 billion in its 2018/2019 financial year (1 September 2018 - 31 August 2019), up 10.4% (excluding Forex impact of +0.2%) compared to the previous financial year. The increase in revenues was supported by a strong 9.0% organic growth, complemented by a positive external growth of +1.3%.
THE FUTURE OF TELCOS: WINNING THE CLIENT EXPERIENCE BATTLE
Mazars publishes global study ‘The Future of Telcos: winning the client experience, the case of mobile financial services’
CEE View: Inbound M&A report 2018/2019
Mazars is pleased to present the CEE View: Inbound M&A report 2018/2019, in collaboration with Mergermarket. This new report offers an overview of the mergers and acquisitions activity in 2018 within and into the Central & Eastern European (CEE) region, and looks ahead to the challenges and opportunities for the next couple of months.
Sustainability: Moving the conversation forward
Shedding a light on a topic of deep interest to Mazars, we commissioned the Economist Intelligence Unit to examine the relationship between regulation and sustainability. In this article, the way in which sustainability can be both measured and encouraged via regulation is researched, as well as the differences between countries and regions in adopting sustainable practices.
Regulation and Sustainability: Five questions, answered
Regulation can be a powerful force in driving sustainable practices amongst businesses – from corporate reporting to mandatory action. But what are the right metrics for sustainability and who should be responsible for tracking them? The response to these questions may be different based on geography, sector and market segment.