Richemont Counts On Europe-Bound Chinese Tourists
Despite massive investment in expansion throughout Asia, particularly in emerging markets like mainland China, major luxury groups continue to find that many Asian shoppers still see luxury shopping as an activity reserved for vacations in Europe.
Regular price increases will not push a significant number of Chinese consumers to shop at home, at least in the short term
Regular price increases will not push a significant number of Chinese consumers to shop at home, at least in the short term