男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Industries

Luxury labels embrace "new normal" as Chinese market shrinks

(Xinhua) Updated: 2015-02-25 17:34

Among Bain's 1,400 respondents, 70 percent said they had used daigou: Competitive pricing, convenient mobile applications and safer payment methods were all cited as determining factors.

Adaption

Confronting the "new normal" of lower long term growth and emerging sales channels, such as daigou, global luxury producers are actively adapting themselves to the changing market dynamics.

Winning the country's growing middle class has become the priority for struggling luxury brands as a McKinsey & Co report predicted that the nouveau riche in second and third tier cities would be the new drivers of the domestic luxury market.

According to the firm's predictions, this group, who do not frequent luxury shops, now accounts for up to 61 percent of luxury customers.

Brands such as Louis Vuitton, Gucci and Coach are all actively shifting their strategies -- ditching flashy logos being the most notable trend -- to woo this newly emerged group, who are believed to have a different understanding of "luxury".

In its Shanghai-based flagship store, Coach has minimized the number of handbags emblazoned with its iconic logo, this category now accounts for less than a quarter of the store's display.

Gucci, instead of "standing high above the masses", streamed its fashion show online. Other mainstream luxury brands including Tiffany, Catier and Chaumet invited popular fashion bloggers from China to their events.

In addition, accounts on China's many social networking sites has become a must for luxury brands wanting to promote new collections.

Cosmetic brands, such as Clinique, have lowered the prices of some products in China. Luxury watch brands, including Zenith and Hublot, are expected to be priced the same in Chinese and overseas shops.

Zhou Ting, president of the Fortune Character Institute said the "consumption drain" following the variation of information and purchase channels has prompted luxury brands to consciously slash prices in China.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 井冈山市| 黑水县| 大宁县| 萨嘎县| 平陆县| 林周县| 琼中| 兴山县| 龙里县| 大方县| 民和| 太谷县| 连云港市| 仁怀市| 晴隆县| 龙州县| 江门市| 拉孜县| 类乌齐县| 乃东县| 潍坊市| 正阳县| 兴化市| 赣州市| 固阳县| 阿巴嘎旗| 闻喜县| 富源县| 平南县| 平度市| 东台市| 海兴县| 宜昌市| 建平县| 台东市| 若尔盖县| 青田县| 灯塔市| 城口县| 济阳县| 历史|