久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Big-name luxury brands lower prices as tariffs drop

By Ren Xiaojin | China Daily | Updated: 2018-07-20 11:00
Share
Share - WeChat
Handbags are on display at a Louis Vuitton boutique in Wuhan, Central China's Hubei province, June 6, 2018. [Photo/IC]

Sellers in China selling big-name luxury brands have cut their sales prices in response to reduced import tariffs, although the benefit for consumers has remained limited so far, according to experts.

Since the country implemented the tariff cut on 1,449 imported goods on July 1, many luxury brands have adjusted their prices accordingly. After Louis Vuitton became the first brand to alter its prices, many others followed suit, including Gucci, Hermes and Cartier.

According to the Customs Tariff Commission of the State Council, the average tariff on imported clothing was lowered from 15.9 percent to 7.1 percent. However, as tariffs only make up a small part of products' overall cost, the price cut remains relatively small, ranging between 3 to 5 percent.

Zhou Ting, head of Yaok Research Institute, which observes and studies the luxury industry, said the adjusted tariffs will not have a significant effect on prices. "Tariffs have a relatively small impact on the final retail price, so luxury brands will only lower their prices a little bit according to the tariff," she said.

For example, the price of a Louis Vuitton Neverfull handbag has dropped to 9,900 yuan ($1,468) from 10,400 yuan previously, down by 4 percent.

"Do I look like I'm short of the 500 yuan? I'm short of the remaining 9,900 yuan," joked Chen Xinyi, a 27-year-old office worker. She said the price cut was too small and would not have any obvious effect on her decision on whether to buy a luxury handbag or not.

However, the price cut is likely to shake the daigou community, who buy products abroad and sell them to domestic buyers, including products ranging from handbags to milk powder and medicines, Zhou said.

With prices in China edging closer to those in other countries, the daigou industry will struggle to survive, said Zeng Mingyue, researcher at the luxury products research center at the University of International Business and Economics in Beijing.

"The Chinese purchasing power for luxury products has been noticed around the world, so brands need to think how to better approach potential Chinese consumers and make it easier for them to shop, with measures including price adjustments," Zeng said.

Although the price cut might not have a significant impact on consumers in the Chinese mainland, it could threaten the luxury retail business in Hong Kong, which mainlanders often regard as a duty-free shopping paradise.

According to a report by the South China Morning Post, visitors from the Chinese mainland made up one-third of total travelers to Hong Kong, playing a large role in helping the local retail industry.

Hong Xueyu, an analyst from Guotai Junan Securities Co Ltd, said although prices have only dropped a little, with other brands following suit Hong Kong will become less attractive for mainland consumers, especially with the yuan dropping.

Office worker Chen said: "I don't usually buy from Hong Kong anyway, there are too many fake daigou claiming to buy from Hong Kong but selling fake products manufactured in Guangzhou. It is really hard to tell and the prices they ask are not worth the risk."

According to global consulting firm Bain & Co, luxury products' growth rate in the Chinese mainland is outpacing other regions around the world, with average growth reaching 20 percent year-on-year. The figure is likely to remain at 10 percent in 2018, according to Bain & Co.

First quarter financial reports from major luxury brands LVMH group and Kering SA both stated that China has become their main driver of revenue.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    91网站在线观看免费| 欧美成人一区二区在线观看| 欧美亚洲精品一区二区| 欧美日韩精品区别| 欧美三级一级片| 午夜啪啪免费视频| 最新中文字幕免费视频| 给我免费播放片在线观看| av免费一区二区| 欧美女人性生活视频| av动漫在线播放| 欧美视频国产视频| 日韩中文字幕免费在线| 久久久国内精品| 黄频视频在线观看| 国产日韩欧美久久| 国产xxxxx在线观看| 日韩精品在线观看av| 天天av天天操| 9l视频白拍9色9l视频| 久久无码高潮喷水| 福利视频一二区| 日韩中文字幕在线不卡| 五月六月丁香婷婷| 九九热精品在线播放| 嫩草av久久伊人妇女超级a| 日韩a∨精品日韩在线观看| 无码人妻精品一区二区蜜桃百度| 日韩av影视大全| 五月天视频在线观看| 91极品视频在线观看| 别急慢慢来1978如如2| 成人三级视频在线播放| 又粗又黑又大的吊av| 久操手机在线视频| 国产精品视频网站在线观看| 超碰10000| 日本中文字幕一级片| 中文字幕制服丝袜在线| 中文字幕在线视频一区二区三区| 亚洲小视频网站| 日韩av片免费观看| 天堂网成人在线| 国产奶头好大揉着好爽视频| 日本一级淫片演员| 好色先生视频污| 男人天堂网站在线| 男人添女荫道口喷水视频| 欧美黄色免费网址| 大西瓜av在线| 奇米精品一区二区三区| 欧美日韩国产精品激情在线播放| 久久久一本二本三本| www.四虎成人| 天天色综合天天色| 精品亚洲视频在线| av电影一区二区三区| www.男人天堂网| 成人免费观看cn| 国产女女做受ⅹxx高潮| 一区二区三区入口| 亚洲精品免费一区亚洲精品免费精品一区| 91丨九色丨蝌蚪| 黄色www在线观看| 97在线国产视频| 久久久久久久久久久久久国产精品 | 精品国产一区三区| 免费黄色日本网站| 丰满少妇在线观看| 视频免费1区二区三区| 国产卡一卡二在线| 日韩视频在线视频| 欧美日韩在线成人| 午夜啪啪小视频| 成人小视频在线观看免费| a级黄色一级片| 日本 片 成人 在线| 免费成人深夜夜行网站视频| 国产色一区二区三区| 成人三级视频在线播放| 天堂av在线8| 精品国偷自产一区二区三区| 欧洲av无码放荡人妇网站| 色噜噜狠狠永久免费| 996这里只有精品| 欧美私人情侣网站| 青娱乐国产精品视频| 欧美a v在线播放| 奇米视频7777| 成人午夜精品久久久久久久蜜臀| 成人黄色一区二区| 日韩中文字幕亚洲精品欧美| 99久久激情视频| 热久久最新网址| 性生交免费视频| 国产免费裸体视频| 国产又粗又长又大的视频| 狠狠精品干练久久久无码中文字幕 | 99精品视频播放| 精品91一区二区三区| 国产精品宾馆在线精品酒店| 亚洲久久中文字幕| 欧美成人免费在线观看视频| 亚洲高清视频免费| 久久婷婷国产精品| 小泽玛利亚av在线| 天堂在线资源视频| 日韩亚洲欧美视频| 天堂av.com| 噼里啪啦国语在线观看免费版高清版| 精品91一区二区三区| 国产主播中文字幕| 男女视频网站在线观看| 偷拍盗摄高潮叫床对白清晰| 最近免费中文字幕中文高清百度| 欧美人与动牲交xxxxbbbb| 九热视频在线观看| 六月丁香激情网| 欧美 亚洲 视频| 午夜大片在线观看| 日日躁夜夜躁aaaabbbb| 欧美色图另类小说| 日本男女交配视频| 深夜做爰性大片蜜桃| 亚洲色图 在线视频| 国模吧无码一区二区三区| 欧美做暖暖视频| av不卡在线免费观看| 一区二区免费av| www.99在线| 国产极品美女高潮无套久久久| 乱熟女高潮一区二区在线| 亚洲制服在线观看| 一级做a免费视频| 中文久久久久久| 日本男人操女人| 国产精品欧美激情在线观看| 久久久久免费看黄a片app| 欧美视频在线第一页| 玖玖精品在线视频| 亚洲自拍第三页| 中文av字幕在线观看| av亚洲天堂网| 手机av在线网| 超碰人人草人人| 亚洲一区二区三区观看| 中文字幕亚洲乱码| 污网站在线免费| 最新免费av网址| 亚洲图色中文字幕| www.久久久久久久久久久| www.com污| 一区二区三区四区久久| 日韩精品在线播放视频| 1314成人网| 特级西西444| 99在线免费视频观看| 少妇人妻无码专区视频| 日本手机在线视频| 日韩avxxx| 亚欧在线免费观看| 日韩av在线中文| 欧美xxxxxbbbbb| 青春草在线视频免费观看| 国产一二三四五| 97视频在线免费| 中国丰满人妻videoshd| www.亚洲天堂网| 一区二区xxx| 欧美日韩理论片| 国产免费xxx| www.成年人视频| 欧美日韩中文在线视频| 17c国产在线| 在线播放av中文字幕| 日本一本草久p| 国产精品专区在线| 能看的毛片网站| 中文字幕 欧美日韩| 免费观看国产视频在线| 水蜜桃色314在线观看| 成年人免费在线播放| 日本中文字幕精品—区二区| 亚洲自拍第三页| 精品国产av无码一区二区三区| 欧美日韩在线中文| 国产精品一区二区小说| 亚洲欧美日韩不卡| 国产在线精品91| 久久国产激情视频| avav在线播放| 好男人www社区| 日本丰满少妇黄大片在线观看| 国产女主播自拍| 国产 porn| 亚洲av首页在线| 六月丁香婷婷在线| 超碰免费在线公开| 国模吧无码一区二区三区| theporn国产精品|