At the top like Burberry and
Coach Outlet (COH.N) global luxury brand billions of dollars into China's luxury market fund, the partners from China to win, they will become the world in one fell swoop became not a market return to control its own brand .1. Many squeeze in China over the past 10 years, and then matching sellers and joint venture partners, but such a big impact, they cut off these links
Cheap coach handbags, so that their substantial financial and marketing strength and expertise to China.
This year in July, Burberry said it plans to acquire its 30 cities in China, 50 stores network, now it's franchisees operating, 70 million pounds (107.5 million U.S. dollars), as a trading increased by 20 million pounds in 2011 -12 profits business hours. Longchamp, the French
Coach Patchwork Handbags maker has decided to acquire its distributor in China, and has brought together the Chinese team to participate in the administration of services. Polo Ralph Lauren has bought back from China, Dickson (0113.HK) distribution rights.
"This is definitely a trend of luxury brands operating in China take care of themselves," said Mary, Jiang, from the age of the Pacific
Poppy Coach Bags, a Chinese consulting company focused on the retail analyst."It is a booming market, at least the next three in the high growth period of 5 years," she said, she expects sales in the next few years about 30 percent of the growth, the annual luxury brand.China is now the world's second largest luxury goods market, sales in 2009 was 94 billion U.S. dollars, accounting for 27.5 of the global market
Fashion Coach Bags, according to the World Luxury Association.
This figure is expected to grow further in the next 5 years, 14.6 billion U.S. dollars, becoming the world's largest luxury goods market."Many of them gained more than 10 years to operate in mainland China's Jing Yan, and Yuan Yi scroll to right their own operating system of the next stage of development, so
Coach Signature Handbags they can reduce distribution costs, improve operational Li Runshuai," said Lo in adequate financial analyst.
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