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
Home / World

Luxury goods' prices rising in the mainland

By Shi Jing in Shanghai | China Daily | Updated: 2013-01-15 07:54

Luxury goods' prices rising in the mainland 

Customers at a duty-free shop in Sanya, Hainan province. Chanel China said the prices of some of its products sold on the mainland will be raised on Tuesday or Wednesday. Sun Qing / For China Daily

Shoppers who think the prices of luxury goods in the Chinese mainland market are already too high should prepare themselves for a shock.

Sellers of many luxury brands are jacking up the prices of their products in what is likely to be only the first round of such increases in 2013.

Retail analysts said foreign sellers are trying to make up for a decrease in sales in other markets, especially Europe, by trying to take advantage of the current strong demand in the Chinese mainland for luxury items.

Benefit Cosmetics, a cosmetics manufacturer, was the first to start the trend, raising the prices of its popular products on Dec 29.

Various beauty products sold under the SK-II brand soon followed. The brand's essence lotion, for instance, became 4.7 percent more expensive. Meanwhile, luxury goods companies including Christian Dior SA and Chanel SA are also known to be preparing to raise their prices.

Christian Dior has not provided an official response to inquiries about a possible price increase.

But Qiu Huiping, a Christian Dior beauty consultant at the Pacific Department Store in Shanghai, said the price of all makeup, skin care products and perfumes will increase by up to 30 percent in January in the mainland market, adding that no specific day for when the policy will go into effect has been confirmed.

Cai Like, a Chanel sales representative at the same department store, said the price of cosmetics and cologne for men will also soon go up.

Chanel China later said the prices of some of its products sold on the Chinese mainland will be raised on Tuesday or Wednesday, saying there will be "a slight increase of up to 10 yuan ($1.60) for only a few products".

"The price adjustment this time is based on regular checks of our products," a Chanel China spokesman said. "It is also a result of rising labor costs, raw materials and operating costs combined with exchange rate fluctuations."

The official explanation of why the prices of luxury products are ever increasing only scratches the surface of the real reasons. One important point to keep in mind is that sellers are trying to take advantage of the buoyant demand for luxury products that exists in the mainland market, said Zhou Ting, head of the Fortune Character Institute, a professional institute that specializes in studying how the rich live.

"Despite there being an ever-increasing craving for luxury products in China, brands are raising their prices anyway in the hope of introducing an imbalance between supply and demand," she said. "For one thing, brands can burnish their images by introducing limited editions of their products. For another, the profit margins of these products will be pushed to a maximum, although profit margins in China are already greater than in any other countries or regions."

Zhou further explained that the compound annual growth rate for sales of luxury cosmetics has been negative for five consecutive years in the Chinese market, a consequence in part of Chinese consumers being less loyal to particular brands.

China's largest fashion and lifestyle publisher, Trends Media Group, recently released a report on fashion consumption and industry developments, using an annual survey conducted in 20 Chinese cities as its data source.

It suggested that between 30 and 40 percent of Chinese consumers exhibit loyalty to brands in the five main categories of luxury goods - clothing, automobiles, jewelry, watches, and cosmetics and perfume.

Zhou said Chinese consumers tend to choose brands that are sold at a discount, a predilection that is especially common among ordinary consumers.

"Meanwhile, luxury brands have been making price adjustments more often ever since last year, which is quite irregular," she said. "In the long term, brands will lose consumers."

Zhu Lingqing contributed to this story.

shijing@chinadaily.com.cn

(China Daily 01/15/2013 page13)

Today's Top News

Editor's picks

Most Viewed

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: www.狠狠操.com| 一区二区网站 | 国语对白做受欧美 | 手机看片日韩 | 国产又粗又猛又黄又爽无遮挡 | 国产毛片在线 | 超碰国产在线 | 国产精品成人一区二区三区 | 日韩三级久久 | 免费在线观看黄 | 狠狠干夜夜 | 中文字幕亚洲一区 | 午夜无遮挡| 亚洲一区在线视频 | 成人福利视频在线观看 | 欧美国产一区二区 | 涩涩的视频 | 夜间福利视频 | 欧洲一级片 | 一区二区免费视频 | 在线看的av| 久久成人国产 | 黄色大片免费观看 | 国产伦精品一区二区 | 欧美精品在线视频 | 97人人插| 久久天堂av | 国产精品一区二区性色av | 91精品国产色综合久久不卡98 | 欧美色图一区二区三区 | 久久青草视频 | 青青草免费在线观看视频 | 国产福利在线播放 | 久久精品一区二区国产 | 成人毛片在线 | 亚洲男人在线 | 国产伦精品一区二区三区四区免费 | 色综合久久天天综合网 | 国产精品福利在线 | 成人黄性视频 | 成人永久免费视频 |