在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Lure of luxury ebbs in market now 'saturated'

By Wang Wen | China Daily | Updated: 2013-07-27 11:11

Some major international luxury groups experienced a sales slowdown in China in the first half of the year, even as the European market continued rebounding.

The growth of Kering SA's luxury division in China slowed to an average of 6 percent in the first half. The luxury group, which owns Gucci and Bottega Veneta, released its interim report on Thursday.

But sales growth in China was 21.5 percent in the first half of 2012 and 45 percent in 2011.

The group reported 4.68 billion euros ($6.21 billion) in global revenue, up 4 percent on a comparable basis.

The Asia-Pacific region, excluding Japan, "delivered more modest growth of 3.7 percent" to the group in the first half. Lure of luxury ebbs in market now 'saturated'

Jean Marc Duplaix, chief financial officer of Kering, said the moderating sales growth in the Asia-Pacific region reflected a "tougher macro environment".

The slowdown of China's economic growth is being cited as the cause of the luxury market deceleration. Some experts said that well-known international brands had actually been hit harder by weak economic conditions and the government's crackdown on extravagance.

"The big names' business declined in China seriously in the first half of 2013, for macroeconomic and political reasons," said Zhou Ting, director of the Fortune Character Research Center.

After years of fast development, China's market is becoming saturated with well-known luxury brands, Zhou said. These brands must get used to slower growth in China, which is a healthier situation.

Duplaix also said in a conference call that demand in China was lower than in the past.

However, conditions in mature markets including Europe and Japan are getting better for luxury brands.

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . 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
 
主站蜘蛛池模板: 亚洲精品www久久久久久广东 | av免费看片| 欧美片网站免费 | 精品久久久久久久久久久久久久久久 | 一级免费黄色片 | 日本69视频 | 国产香蕉视频在线观看 | 日本高潮视频 | av手机在线免费观看 | 黄色一极片 | 天海翼在线视频 | 日韩毛片视频 | 午夜在线观看免费视频 | 天天射天天爽 | 国产精品成人一区二区网站软件 | 中文字幕自拍 | 国产一级片免费观看 | 亚洲人在线观看 | 中文字幕丰满人伦在线 | 日韩a视频 | 国产伦精品一区二区 | 久久人体 | 黄色一级大片 | 日本丰满肉感bbwbbwbbw | 亚洲小视频 | 亚洲免费在线 | 毛片毛片毛片毛片毛片 | 国产成人精品一区二区 | av福利在线观看 | 91成人精品| 欧美激情一区二区三区 | 成人毛片网站 | 精品国产乱码一区二区三 | 亚洲天堂网址 | 三级黄色片网站 | 一道本av| 国产一区一区 | 日韩av手机在线 | 国产又爽又黄免费视频 | 久久男人的天堂 | 国产精品视频免费 |