Why Chinese lovers splurge on luxury goods on Singles’ Day

Viral discussions on social media make the iPhone X, YSL lipstick and Dyson hairstylers true yardsticks of love on the nation’s November 11 holiday
The “she economy” – women – has long been focus of marketing campaigns by luxury brands.
Yet when it comes to China and the huge shopping festival known as Singles’ Day, or “Guanggun Jie” – a holiday particularly popular among young Chinese people when they celebrate being single – companies often overlook a crucial demographic: men, such as the husbands and boyfriends of female shoppers.
Singles’ Day, which is celebrated on November 11 because the number “1” resembles an individual, is seen as something like Valentine’s Day by both splurge-on-yourself singles and couples.
Chinese women are increasingly spotting a luxury product on social media, then tagging the men in their lives about the object of their lust, then expecting them to buy it for them as a gift.
My girlfriend has asked me to buy her an iPhone X, what should I do?
This scenario is becoming so common in China today that emerging online luxury trends sometimes coincide with the hashtag outcry #dontletmygirlfriendseethis (#千万不要让女朋友看到).