久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

chinadaily.com.cn
left corner left corner
China Daily Website

Luxury brands continue to cash in on China market

Updated: 2012-07-28 09:32
By Wang Wen ( China Daily)

China's increasing luxury market was still a growth driver for some main international luxury groups' total revenue in the first half of 2012, despite the slight slowdown in market growth.

On Thursday, the French-owned PPR SA, for instance - the world's third-largest luxury group by turnover, which owns Gucci and Bottega Veneta - revealed it generated 1.17 billion euros ($1.4 billion) in sales from the Asia-Pacific region, excluding Japan, in the first half of 2012, an increase of 16.2 percent compared with the same period in 2011.

The region - its second best earner after Western Europe - contributed 18 percent to total group revenues of 6.39 billion euros, a 16.7 percent rise compared with the first six months of 2011.

The Gucci brand, gained huge popularity in China, said Chief Financial Officer Jean-Marc Duplaix, where sales soared by 35.6 percent across all of China in the first half of 2011, including Hong Kong, Macao and Taiwan, and 17.2 percent on the mainland in the first half of 2012.

At rival LVMH Moet Hennessy Louis Vuitton SA, the leading luxury group which owns a stable of top names including LV, Fendi and Kenzo, revenues were also boosted from Asia.

Total revenues of 12.9 billion euros in the first half of 2012, were 26 percent better than 2011, with countries in Asia, excluding Japan, contributing the most, the group said.

"Sales to customers from China and America were particularly strong during the period," LVMH added.

Luxury brands continue to cash in on China market

Both luxury giants said that they were optimistic that business in China, especially, will continue to expand.

Gucci set up a head office in Shanghai with its own chairman to underline its commitment to the country earlier this year, and Bernard Arnault, the group chairman and CEO of LVMH, said it will continue to pursue further market share.

LV reopened its largest store in China on Tuesday, which it said highlighted the group's growing ambition in the market.

The only blot on the luxury landscape in recent weeks was from Burberry Group Plc, the United Kingdom's largest luxury company, which revealed that its revenue growth in Asia-Pacific area for the three months to June 30 dropped to 18 percent from 67 percent in the same period of 2011.

But analysts say that's unlikely to stem the spending being seen on other brands.

"The market in China is positive in the long term and will keep growing maybe even for 10 years," said Yang Qingshan, a guest researcher on luxury goods and services at the University of International Business and Economics in Beijing.

Zhou Ting, executive director at the research center at UIBE, added: "The growth of China's luxury market was going slow in the first half of 2012, along with the slowdown in China's economy, but the market will continue to increase."

She said that it won't just be first-tier cities which will continue to sell plenty of luxury goods, as there is also huge potential in the country's smaller cities.

However, consumers there are more price-sensitive, and if the economy continues to slow, sales could be affected.

wangwen@chinadaily.com.cn

...

...
...
主站蜘蛛池模板: 国产区网址 | 2020毛片| 日韩在线观看不卡 | 在线免费观看一级片 | 人与拘一级a毛片 | 成人免费视频国产 | 国产精品久久久久一区二区三区 | 偷拍小视频99在线 | 综合久久精品 | 中文字幕日韩精品亚洲七区 | 国产99视频精品免费观看9e | 成人免费视频播放 | 99久久久免费精品免费 | 国产成人麻豆精品 | 久久精品免费观看 | 亚洲精品一区二区三区 | 在线精品欧美日韩 | 久久国产欧美另类久久久 | 成人三级做爰在线观看男女 | 亚洲人视频在线观看 | yy6080福利午夜免费观看 | 日本天堂免费 | 色老头老太做爰视频在线观看 | 老人毛片| 114毛片免费观看网站 | 美女精品永久福利在线 | 2022国产精品手机在线观看 | 亚洲深夜| 精品久久久久久无码中文字幕 | 国产黄色大片网站 | 精品国产一区二区三区四区不 | 亚洲一级毛片免费观看 | 美女扒开腿被男人猛视频 | 亚洲成人影院在线观看 | 精品国产综合成人亚洲区 | 国内精品91久久久久 | 69xxxxxxxx| 久久精品视频久久 | 能直接看的一级欧美毛片 | 欧美高清另类自拍视频在线看 | 欧美特欧美特级一片 |