Survey: Asians start spending on luxury goods again

05/18/2010 | Reuters

The MasterCard Worldwide Index of Consumer Confidence showed that confidence in the Asia-Pacific region is improving and the more affluent consumers there are starting to spend on luxury goods. "While consumers in this region were amongst the first to cut back drastically on discretionary spending 18 months ago, they now seem confident and ready to significantly increase their discretionary expenditures ... thereby contributing to the momentum of recovery," said Yuwa Hedrick-Wong, MasterCard Worldwide's economic adviser for the Asia/Pacific.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Regional Marketing Manager
American Girl
Chicago, Illinois
Merchandise Planner
Academy Sports + Outdoors
Houston, Texas
Chief Information Officer
Total Wine & More
Potomac, Maryland
Human Resources Director, Distribution Services
Bed Bath & Beyond
Union, New Jersey
product guidance manager, Research & Development Sensory - Seattle, WA
Starbucks
Seattle, Washington