Luxury
Luxury Brands Celebrate the Year of the Rat
McKinsey forecasts that by 2025, the value of the global luxury-goods market will grow to $386 billion (2.7 trillion RMB), and Chinese consumers will account for 44 percent of that market. Therefore, brands can’t emphasize the importance of those buyers enough. Given their power, it makes sense that Chinese buyers…
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Click here to read the full story: Jing Daily