In the past year, beijin about 2.6 square kilometers has opened three
new shopping centers, and the first four opened right away, all the
shopping center is full of luxury brand stores. See, people might think
that shortly after the Louis Vuitton (Louis Vuitton) and Ferragamo
(Salvatore Ferragamo) store will be like a bank branch or McDonald's
restaurant in beijin the same everywhere.       'TV Series DVD Boxset'
(http://www.buydvdshop.net/dvd/TV-Series-DVD-Boxset-C1/)
"
However, the facts may be about to change. According to a new study
shows that while in 2011 China's luxury goods sales performance is a
good year, but luxury brands are becoming more cautious, because in the
past few years, China's growth is too rapid a luxury."  'Drama'
(http://www.buydvdshop.net/dvd/Drama-C2/)
"
U.S. consulting firm Bain in his recent report on China's luxury market
that: ""Some luxury brands are doing the prudent decision to slow the
speed of its expansion in China, and more focus on store sales
increase."" Shell Well the company's management consultant, said the
growth rate gradually slowed in the fourth quarter of last year, and
described the luxury goods company executives this year only
""cautiously optimistic"" because they ""can not be predicted too
far.""" 'Crime' (http://www.buydvdshop.net/dvd/Crime-C3/)
"
According to Bain & Company reported 2010 sales of luxury goods in
China increased 27% to 870 million. 2011, Bain & Company sales
increased by about 26% to 11.0 billion yuan, but part of the leather
goods in 2011 and 2010 growth of 30% fair, about 25% to 30%, while
sales of luxury watch this year 45% decline from last year to
40%."   'Children/Family'
(http://www.buydvdshop.net/dvd/Children-Family-C4/)
"
Bain & Company also predicts some shoes, cosmetics, perfumes and
personal life part of the growth rate will stop, but the men's clothing
and women's apparel sales growth will continue."        'Educational'
(http://www.buydvdshop.net/dvd/Educational-C5/)
"
The data does not mean that wealthy Chinese people do not want to buy
luxury goods. They are just smarter way to continue to buy. Because the
present value of the yuan, affluent Chinese consumers prefer to buy from
overseas, because it makes their money more valuable. Bain said, Hong
Kong and Macau Chinese luxury consumers still account for more than
half of overseas purchases, and this trend will continue this year
still." 
"
In mainland China, the luxury brand began to focus on the details.
Although the share of China's growth continues from the new consumers,
but consumers already account for annual sales growth of 37%."  
        
This is the original authors welcome to reprint reprint please indicate
the source.     
References:'When the art of fashion interpretation(A)'
(http://forums.mysql.com/read.php?117,508353,508353#msg-508353)


-- 
vincentbston
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