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Euromonitor provides global luxury spending this year will reach more than 318 billion dollars (about 1.9461 trillion yuan), which is attributed to an active market in Asia Pacific. "One of the most interesting findings is that during 2018, which is the next five years, depending on the current state of our growth forecast and the region, Asia Pacific become global sales of luxury goods in the first area," in the fashion trade ‘Business Fashion‘ dialogue, research director Fflur Roberts, Euromonitor says, "ThisAuthentic Louis Vuitton Handbags is mainly because of China, even in emerging markets such as Malaysia and Indonesia is also experiencing a boom, and it works in the Indian market is also an important cause." This proposal is president Burberry Angela Ahrendts support, said the French newspaper "Le Echo That" Showtime emerging markets such as India, Indonesia and Latin America will be the "one China," says the brand should not be too dependent on the Chinese market. She explained. "Perhaps the development of China‘s luxury market slowdown is a temporary phenomenon, but the state of our long-term sales despite the slowdown, but I do not want to imagine that bad." McKinsey released last year called "The market for luxury without limits: Growing Chinese consumers," the report pointed out that the rapid growth of China‘s luxury market benefited primarily from the annual household disposable income of more than 1 million yuan from very wealthy families.

They expect that the number of consumers will be around 20% CAGR over the next three years. In 2015 this figure could double. In addition to the growth of this group also showed a trend renovation consumption: how to buy a more expensive, more luxurious products. In 2015, total consumption of luxury goods group represents 28% of the Chinese market. But the report also pointed out that the future growth of luxury consumption will depend on new buyers of luxury goods. Most of them belong to the rapid growth of the middle class, household disposable income between 50,000 yuan to 250,000. Even simple household consumption by the middle class is much lower than normal amounts of rich families,louis vuitton uk online but their numbers are growing very disturbing. McKinsey predicts that by 2015 the total consumption of the new luxury contribution middle class families to be important. Many of the new buyers of luxury goods from second-tier cities in China. When the list of traditional middle-class consumers want directly from Hermes developed at H & M, but from emerging markets with large amounts of cash as a series of "new generation" of consumers are tempted to wear. There were a lot of pent-up demand and purchasing power, which is probably the greatest opportunity for growth for the luxury industry. McKinsey seen this trend is very important for those who are cautious about the pace of the Chinese luxury brands. As always mentioned, traditional cities are growing rapidly in parallel, the people in these cities already begun to approach the primary urban lifestyle. U.S. "Business Week" last year, said that in China, the middle class does not exist in reality the report. Many analysts have a turnover in the range of 6000 to $ 15,000 of the 350 million Chinese who called middle class.

But Chinese consumers with the socioeconomic situation in the American middle class does not have the same expectations, desires and habits. Thus, those who emphasize the positioning of the brand among Chinese consumers will not. "Business Week" that the Chinese middle class, maybe 10 years from now, you will really be the economic potential of both the emerging middle class. But before that, China and India and Russia reminds the audience of consumers are willing to pay big money for some luxury goods, but still very sensitive to the prices of other goods. 2013 is a year of peace, a lot of important things. From style Liyuan, Tyrant friends and we move so many big-name luxury goods. They represent the rapid development of society for the future of the fashion industry had a minor impact. 2013 years a number of troubled important thing. From style Liyuan, Tyranthermes handbags uk outlet our friends and many luxury high-traffic, etc. These events deserve our attention, sometimes throughout the year leading fashion oriented. They represent the rapid development of society, the future of the fashion industry had a minor impact. This may have an impact on these major events is stable, will not fundamentally change the pattern and how the fashion industry, we do not know, can only be seen in the arrival in 2014 in.

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