China Luxury Apparel And Accessories Market Report
2012-2015
In
2012, the global luxury market valued EUR212 billion, representing a
year-on-year increase of 10%. Chinese consumers became the world's largest
consumer group of luxury goods and they spent RMB306 billion in the world, most
of which was done in Hong Kong, Macao and other countries / regions, while only
39.28% in Mainland China.
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TOC :-
In
2012, as China's economic growth slowed down as well as the government cut
expenses on dining, cars, wine and other aspects, the Chinese mainland luxury
consumption cooled down substantially, and the growth rate of the total
consumption of luxury goods dropped from 30% in 2011 to 7.2% in 2012.
However,
Chinese luxury consumers have changed their attitude from showing off to
enjoying and rational consumption with more mature consumption concept, so
Chinese luxury market will still witness steady growth in the future.
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Affected
by the slowdown in growth rate of Chinese mainland luxury market in 2012, major
global luxury brands have adjusted their strategic layout in China in 2013, and
most of them would rather enhance the performance of the existing stores than
open new stores in second- and third-tier cities. Global and China Luxury
Apparel Market Report, 2012-2015 mainly studies the global and Chinese luxury
market size, geographical distribution, tariff policies, Chinese luxury
consumers and the development of Chinese luxury E-commerce; meanwhile, it
analyzes the operation of 16 major luxury brands under eight large global
groups as well as their development in China.
Contact:-
M/s Sheela
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Albany, NY 12207
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