Quote:
Originally Posted by aceofspades
The question boils down to:
In 2015, who will the new consumers of luxury be?
Consider nationality, lifestyle, politics, demographics, views on social acceptability.
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The Chinese
Quote:
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China's new consumers get a taste for luxury goods, sales boom is attracting foreign manufacturers to a market expected to grow to $3.7 trillion in 10 years
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China has overtaken the US in sales of televisions and mobile phones. In the next few years, it will become the biggest market for computers. And a double digit rise in urban incomes has drawn Cartier, Prada and Armani to expand here faster than anywhere else in the world.
Its bound to happen
01-26-2009, 06:18 PM
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