Studying the financial reports of luxury brands, China emerges as the 21st century’s promised land: Every major publicly quoted company boasted double digit increases in sales last year, reported International Herald Tribune. Gucci, Dunhill, Hugo Boss and other brands are making a profit out of the Chinese market. Other brands, like Chloe, complain about the difficulty of finding reliable operators and good space.
A close look at luxury brands in China
Posted by Rujun Shen | Dec 1, 2004
