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Experts Predict That China Will Become The World's Largest Consumer Of Luxury Goods This Year.

2011/4/18 9:13:00 36

Luxury Consumer Investment

Experts predict that after surpassing the US for the first time in 2010 and ranking second in the world, China is expected to surpass Japan this year to become the world's largest. Luxury consumer countries 。



Angela, Burberry's Global CEO, told reporters that the number of Burberry stores in China has reached 57, while the number of Burberry stores in China will double in 12th Five-Year, while the number of Burberry stores in China will increase to 100 in 3 to 4 years in the UK's largest flagship store in Beijing, which opened in Beijing. According to the 2010 business blue book released by the Chinese Academy of Social Sciences, the total consumption of luxury goods in China in 2010 was 9 billion 400 million dollars, the first time to surpass the US and the consumption volume was second only to Japan. Because China's consumption ability In 2011, China has become the world's largest consumer of luxury goods.


Founded in 1856, Burberry is headquartered in London. The opening of Burberry's flagship store in Beijing is the flagship store with the most innovative and technological features in Burberry, covering an area of 12500 square feet. Angela said that because of China's booming economy, there is no limit to its business prospects. In this high growth market, we must speed up. Investment Step to ensure that products are always compatible with Chinese consumers' preferences. "China is now the fastest growing market for Burberry, and will become our biggest market in the next 5 years. In the third quarter of December 31, 2010, sales of Chinese stores at least one year increased by 30%.


 

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