Luxury goods in China Beyond bling “IT WAS an amazing golden age,” reflects Guillaume Brochard of Qeelin, a Chinese jeweller. From 2007 to 2011 many luxury-goods firms enjoyed double-digit annual growth in China, which became their most important market. The first blows came last year, with an economic slowdown and jitters about the political transition. Now, a crackdown on corrupt gift-giving and a populist backlash against ostentation have added to the woes. The outlook for … [Read more...]
Luxury goods in China Beyond bling, Lorre White
June 10, 2013 by Team Celebration
Filed Under: ASIA, CONTRIBUTORS, Uncategorized Tagged With: a big tax-free-shopping firm, A Celebration of Women, a Swiss watch, Armando Branchini of Fondazioni Altagamma, bureaucrats, China, China’s Great Firewall, Global Blue, jewellery brand, Lorre White, Luxury goods in China Beyond bling, luxury markets, Mandarin-speaking assistants, Philippe Léopold-Metzger, political transition, populist backlash against ostentation, suspiciously pricey watches, VIP rooms, who runs Piaget, “Made in Germany”, “Made in Japan”
