Global Luxury Goods Sales Will Increase By 10% In 2011
According to the latest global luxury market research report released by Bain&Company, global luxury goods sales in 2011 will grow by 10% to 191 billion euros.
Consumers continue to grow in luxury clothing.
Accessories
The consumption of bags, shoes, jewellery, watches, perfumes, cosmetics, and distribution of luxury brands.
channel
There have also been some changes, including direct sales growth of 14%, far exceeding the sales volume of wholesale and shopping malls.
According to the Bain report, sales in the European market are expected to grow by 10% in 2011 and 12% in the US market, while Japan is still the second largest luxury market in the world.
Developing countries were more prominent, with China's growth rate of 35%, Brazil 20%, Middle East 12%, and Chinese consumers.
Luxury goods
Consumption has accounted for 20% of the global total.
Judging from the general category, the growth rate of clothing in 2011 was 8%.
Perfume
Cosmetics and cosmetics grew by 3%, accessories increased by 13%, jewellery and watches grew by 18%.
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