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

US EUROPE AFRICA ASIA 中文
Business / Industries

Affordable luxury comes to the fore in China

By Shi Jing (China Daily) Updated: 2015-03-09 07:50

Middle class turning away from high-profile expensive brands

Affordable luxury comes to the fore in China

Shirts of different colors on shelves at a Uniqlo store in Beijing. The Japanese fast fashion brand is aggressively expanding its market share in China.[Provided to China Daily]

Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in satisfactory results.

China's luxury market contracted for the first time in 2014, with the total market value slightly down by 1 percent year-on-year to reach 115 billion yuan ($18.34 billion), according to consultancy firm Bain & Company. Sales of luxury watches dropped the most significantly by 13 percent last year, while menswear dropped 10 percent.

This can be largely attributed to the continuing impact of Beijing's anti-corruption and frugality campaigns. The country's economic slowdown also exacerbated the issue, according to Bruno Lannes, a partner with Bain & Co.

Alain Li, regional chief executive officer of Richemont APAC, said that the company, which is known for its luxury watch and jewelry brands, witnessed healthy growth in China before 2014. However, last year was the first time that it witnessed a decline in the Chinese market, mainly affected by the rise of daigou, or overseas shopping agents, as well as the exchange rate, which means that more Chinese are making luxury purchases overseas.

The situation for Italian brand Prada is even worse. Even though the company saw some recovery in the sluggish European market in the first three quarters with the rate of decline gradually narrowing, its sales in the Asia-Pacific region continued to deteriorate throughout 2014.

If calculated by fixed interest rates, its sales revenue declined by 7 percent last year, mainly due to worsening sales in the fourth quarter in China. As a result, the entire group's sales dropped 1 percent in 2014 to 3.5 billion euros.

The reason for the decline of these traditional luxury brands is consumer preference. As discovered by Bain& Co, rather than celebrated brands such as Louis Vuitton, Gucci and Prada, Chinese consumers have expressed a willingness to buy less known emerging luxury brands, with more than 80 percent of the 1,400 polled consumers saying they had such plans over the next three years. Brands such as Balenciaga, Michael Kors and Kate Spade have become more attractive to Chinese consumers.

In addition, logos continue to be less important as Chinese consumers become increasingly sophisticated. About 28 percent of the surveyed consumers considered luxury goods with an obvious logo as too high profile. Another 18 percent considered them outdated or even tacky. More than 20 percent of the total interviewed consumers said they would not buy products with visible logos in the future.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
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

    日韩欧美一级二级| 日本一区二区成人| 精品一区二区三区久久| 久久综合中文字幕| 成人免费福利片| 亚洲一级在线观看| 日韩一区二区在线看| 粉嫩久久99精品久久久久久夜| 最新国产精品久久精品| 欧美日韩日日骚| 国产一区二区三区四| 亚洲人亚洲人成电影网站色| 欧美日韩不卡在线| 国产精一区二区三区| 亚洲精品写真福利| 欧美r级在线观看| av色综合久久天堂av综合| 午夜电影一区二区三区| 久久久99精品久久| 欧洲日韩一区二区三区| 美女国产一区二区三区| 国产精品视频看| 欧美日本韩国一区二区三区视频| 国产一区二区三区香蕉 | 欧美国产丝袜视频| 欧美性猛片xxxx免费看久爱| 精品一区二区三区视频在线观看 | 日本乱人伦aⅴ精品| 美女任你摸久久| ●精品国产综合乱码久久久久| 欧美一区二区在线免费播放| 成人激情免费网站| 日韩二区在线观看| 国产精品乱子久久久久| 欧美精品vⅰdeose4hd| 99视频在线观看一区三区| 免费在线成人网| 亚洲精品中文在线影院| 337p粉嫩大胆色噜噜噜噜亚洲| 色婷婷综合久久久中文字幕| 国产一区二区三区久久久| 午夜激情一区二区三区| 国产精品盗摄一区二区三区| 日韩一级精品视频在线观看| 成人激情综合网站| 经典三级视频一区| 三级不卡在线观看| 亚洲婷婷综合久久一本伊一区| 欧美tk丨vk视频| 欧美日韩精品一区二区三区四区| www.欧美日韩国产在线| 精品在线一区二区| 亚洲成人av中文| 最新国产精品久久精品| 国产亚洲成年网址在线观看| 3d动漫精品啪啪1区2区免费 | 91麻豆swag| 国产精品白丝av| 久久99精品久久久久久| 偷偷要91色婷婷| 亚洲免费电影在线| 国产精品麻豆一区二区| 日韩亚洲欧美一区二区三区| 欧美色中文字幕| 色偷偷88欧美精品久久久| 粉嫩av一区二区三区在线播放 | 亚洲午夜私人影院| 亚洲色图欧美偷拍| 国产精品天干天干在线综合| 26uuu国产在线精品一区二区| 欧美一区二区在线看| 欧美乱妇一区二区三区不卡视频| 91麻豆成人久久精品二区三区| 成人av网站在线观看免费| 国产成人在线影院| 狠狠狠色丁香婷婷综合久久五月| 欧美a一区二区| 日av在线不卡| 午夜精品影院在线观看| 亚洲一区二区成人在线观看| 亚洲欧美欧美一区二区三区| 国产精品久久久久天堂| 国产喂奶挤奶一区二区三区| 亚洲精品一区二区三区精华液| 日韩一级二级三级| 日韩欧美国产wwwww| 欧美一区二区三区白人| 日韩一区二区三免费高清| 91精品国产综合久久精品| 69堂国产成人免费视频| 制服丝袜成人动漫| 91精品国产福利在线观看| 欧美一区二区三区视频| 日韩一区二区三区免费看| 欧美一区二区三区精品| 日韩一区二区精品葵司在线| 日韩精品专区在线影院观看 | 亚洲在线观看免费视频| 亚洲综合精品自拍| 亚洲国产你懂的| 五月激情六月综合| 日本中文字幕一区| 免费观看在线综合色| 欧美aaa在线| 精品一区二区在线观看| 国产在线精品一区在线观看麻豆| 九九热在线视频观看这里只有精品 | 亚洲一区二区在线免费看| 亚洲永久免费视频| 亚洲bt欧美bt精品777| 性欧美大战久久久久久久久| 日韩综合小视频| 蜜桃视频一区二区| 国产麻豆精品95视频| 国产99一区视频免费| 97国产精品videossex| 欧美性大战久久| 色老综合老女人久久久| 成人黄色免费短视频| 蜜臀久久久99精品久久久久久| 午夜视频久久久久久| 婷婷丁香激情综合| 日产国产高清一区二区三区| 蜜臀精品一区二区三区在线观看 | 日韩一区二区视频| 久久这里只有精品6| 欧美激情中文字幕| 亚洲欧美日韩一区二区 | 亚洲最新视频在线播放| 午夜视频在线观看一区二区 | 国内国产精品久久| 成人做爰69片免费看网站| 91污片在线观看| 在线播放中文字幕一区| 精品国产成人系列| 中文字幕一区二区三区在线观看 | 国产精品66部| 91蜜桃免费观看视频| 欧美日本国产视频| 久久先锋影音av| 亚洲另类中文字| 奇米777欧美一区二区| 成人午夜免费视频| 欧美日韩视频专区在线播放| 日韩视频一区二区| 国产精品久久国产精麻豆99网站 | 福利视频网站一区二区三区| 日本韩国精品一区二区在线观看| 欧美一区二区三区男人的天堂| 国产欧美一区二区精品久导航| 一区二区在线电影| 韩国av一区二区| 色综合天天综合网天天狠天天| 欧美一区二区三区在线观看视频| 欧美激情一二三区| 同产精品九九九| 成人免费av在线| 欧美日韩视频第一区| 欧美国产97人人爽人人喊| 香蕉成人啪国产精品视频综合网| 国产一区二三区| 欧美中文字幕一区| 国产清纯在线一区二区www| 亚洲一级片在线观看| 国产精品羞羞答答xxdd| 欧美日韩黄色影视| 日本一区免费视频| 日韩高清一区二区| 91在线观看一区二区| 日韩精品一区二区三区在线播放| 亚洲男人的天堂av| 韩国三级电影一区二区| 欧美视频一区二区在线观看| 国产精品视频九色porn| 美女视频免费一区| 欧美艳星brazzers| 中文成人综合网| 久久精品噜噜噜成人88aⅴ| 一本色道久久综合精品竹菊| 久久久亚洲高清| 视频在线在亚洲| 色综合咪咪久久| 国产午夜精品福利| 老司机精品视频在线| 欧美日韩一区在线观看| 一区精品在线播放| 国产成人免费9x9x人网站视频| 日韩一区二区电影网| 亚洲成人自拍偷拍| 91视频你懂的| 国产精品少妇自拍| 国内成人免费视频| 欧美一区在线视频| 亚洲福利国产精品| 91同城在线观看| 国产精品超碰97尤物18| 国产精品一区在线| 欧美xxxxx牲另类人与| 污片在线观看一区二区| 在线观看网站黄不卡|