Global Luxury Giant Comeback — Buyers are Mostly Asians

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“Western is not on, Dongfang Liang.” Since the financial crisis struck two years ago, Europe and the United States economy has been mired mire become addicted. Post-crisis era, the emerging market economies to lead the global economic recovery, particularly in Asia up to the luxury market brings warmth to the entire industry.

London Business School in 2010, “Asian Forum”, the official consumer of luxury goods to Asia as an important subject for discussion, the College economists found, “not bad money” the Asians, on the luxury fever has reached a kind of the point of near paranoia. Merrill Lynch expects the overall global sales of luxury goods in 2010 will grow by 5%, the biggest driving force is the rapidly expanding Asian market.

McKinsey’s latest survey, Japan’s luxury market is gradually improving, professionals and consumers on luxury goods than the confidence of the industry increased in 2009. The survey of 15 luxury goods company executives, 80% of that company’s performance this year better than 2009, or even 33% of executives expect annual sales growth of 10% or more. Head of JP Morgan luxury goods industry, Frau cover that, in addition to the Japanese luxury market, including China, India, Russia and the Middle East emerging markets, including emerging.

British luxury handbag maker Mulberry  is expected, as the fall of 2010, the company store sales in Asia will triple. Italian fashion house Armani has announced that the company’s sales in 2009 from 1.62 billion euros in 2008 fell to 1.52 billion euros, down 6%, operating profit from € 303 000 000 2008 King fell 28% to 218000000 euros, the company’s sales are in emerging markets jumped 32%.

Why do Chinese people like to see skyrocketing luxury

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Just to save money to buy second-hand seems to have no common concept of second-hand goods with a long high-sounding name of “idle goods”, the facts are probably true. With pleasure Taobao people feeling bored with second-hand goods trade, won a little money to enjoy the happiness of the buyer, the seller is good enough for the idle property profits again, but happy. The concept of second-hand glow as if new life has been, the “new second-hand” has become a new idea of life.
Used mainly in the domestic luxury market, second-hand bags and leather brand sales, consignment, purchase and leasing business. Widely used source of luxury goods market, rely mainly on the hands of the acquisition came from the customer. Domestic consumers familiar LV, GUCCI, Prada, Chanel and other international big-name products are second-hand luxury goods market is the most common. With industry personnel disclosed that: “Usually a more than 10 thousand dollars of LV  handbags, shop owners have spent 3000 dollars buy back, then half the original selling price of 6,000 yuan, a buying and selling between 3,000 to earn a substantial profits “, the acquisition is the best channel profit second-hand shop. “Sometimes the price recovery could not agree on who will advise guests to store bags on consignment, sold on the rake.” This is also a source of profit, although profit consignment thin, but reduced the investment risk. In addition, the rental service is second-hand shops to make money, such as a dinner LV Clutch of the market rent of a 1,000 yuan. Even some customers will require the generation gap still no style, these are mostly new, although the profits did not have much; but in view of long-term business considerations, these bags will soon hand back to the buyer, this is also become a business model second-hand shop.
Unspoken law of merchants is: where the luxury market economy, where there Xinghuoliaoyuan second-hand luxury goods stores. Competing in the big man presence to occupy sites in Beijing, Shanghai, followed by second-hand market is in full swing in the developed; the world suffered second-hand market is a big blessing or a curse, in my opinion second-hand market to speed up the process of expansion of the world’s big, so Those big fan of the original more frequent buying and selling unscrupulous This has GUCCI, LV miracle in China’s growing rate of expansion; while lowering the threshold of second-hand shop in attractive price so that more people come into the distinguished family of , in order to show off status, second-hand goods so fire up!
For luxury goods market after the price increase confidence in the important reason is the Chinese market. Growing purchasing power of Chinese consumers, it is a price increase for luxury brands confidence booster. “Of course, the luxury brand hopes to raise the price to keep their minds of consumers ‘Unattainable’ attitude, then trigger their desire to buy and this is also one of the reasons the prices surge.” Serving the Lord a number of luxury brands public relations in Asia, Mr. Lord Xidumaike that “the future, this price increase will be staged repeated.”

Luxury Also has a “Cabbage price” — Chanel Discount Price

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France is the birthplace of  the fashion world, started a number of big names are here, so compared to other European countries or regions, the same product in France often have low price, some even reduced by 20% to 30%. Discount plus hit season, name brand easily  half price, it is a good time to start with. Such as a LV handbag, at least in the domestic counter price 7000 yuan, but in Paris, probably only about 3,000 yuan.

“In the U.S., I would prefer to buy cost-effective products, such as big bags, sunglasses, scarf and so on, spend a few years no problem. At that time, I fancy a classic, Chanel handbags, China Pricing is about 21,000 yuan, while the counter is only € 1,200 in Paris, and then converted into yuan tax rebate, not to 10,000 yuan, the equivalent of playing the Wu Zhe. This year, the euro fell again two days ago, only about 8.2, which means the time consumption is more cost-effective. ”

Offers more than just discount it, the tax rebate is a major advantage of shopping in Paris. Often low-priced, low exchange rate, plus 12% tax rebate, the price settled down in other areas can not be imagined.

To avoid tax by credit card. “There are some brands that they can transfer credit card, bank card directly on the tax retreated. But do not know the efficiency of a problem, often set aside tax rebate, shopping for goods not post Shou refund of the things often happen. If you buy big items on the yuan, tax rebates have thousands of pieces of light, then big loss. “

Why do Chinese People Like to See Luxury Skyrocketing

Chanel Flap 2.55 in Black Caviar Leather Silver Chain

For luxury goods market after the price increase confidence in the important reason is the Chinese market. Growing purchasing power of Chinese consumers, it is a price increase for luxury brands confidence booster. “Of course, the luxury brand hopes to raise the price to keep their minds of consumers ‘Unattainable’ attitude, then trigger their desire to buy and this is also one of the reasons the prices surge.” Serving the Lord a number of luxury brands public relations in Asia, Mr. Lord Xidumaike that “the future, this price increase will be staged repeated.”

“A Chanel handbag prices have risen more than three months ago, nearly 20%, but even so, the classic Chanel 255 models are still out of stock.” Enthusiastically took advantage of a discount from July to August quarter to go shopping in Singapore, Timor Jen but never at the house of Chanel bustling Orchard Road store empty-handed. Doing business in China, Thailand, the women entrepreneurs in the store 40 minutes outside the row over the long team, less than 10 minutes into the shop here, they face with a disappointed look out of the shop to.

Although each year in July, August is often the Singapore and Hong Kong to the discount fashion shopping season, but this summer has turned to major price increases for luxury brands to replace old promotions activities. Chanel’s Shanghai office told this newspaper that the brand handbags in several classic styles specific on July 1 last year compared to 7% growth in retail prices ranging from -20%, while prices of most other packages shall not float.

“Many favorite summer bag clothing not only did not participate in promotions, but to varying degrees, up the price.” Nevertheless, Wen Rende still in the “shopping” in mind to buy a lot of “booty,” she said: “The big line are more frequent price increases. If we do not buy it, perhaps more expensive to wait until the fall.”

Depreciation of the Euro caused a luxury prices Rise 10% , OL Deplored Loss of Bargain-Hunting Time

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Europe and the United States was originally the summer discount season, but this year is the collective prices of luxury goods. Interview with this reporter recently discovered that summer could have been spending a huge sum purchase luxury good white season. But this year, the original discount prices season into season, many luxury goods are price increases this month, many white-collar workers cried out in alarm, has missed the last year, luxury overseas bargain-hunting opportunity. In response, industry analysis, are to blame the euro depreciation.
“Last month saw in a Chanel  Medium Classic flap bag, which had hitherto been € 1,750, and now has risen to 2450 euros up.” Shopping Service often buy luxury goods through the network to reporters Miss Bai Lingzhao complained about the rise of 700 euros, entirely outside the psychological expectations.
“Regret not store in the prices of some goods more than before,” yesterday, an overseas Taobao Shopping Service business Clouds told reporters: As early as June 25, Chanel French shops across the board price adjustment, an increase of a very alarming rise in both Classic 500 euros converted into RMB rose as high as 4,000 yuan.
In fact, not only Chanel , Recently a number of Shopping Service Shopping Service Online Shop Web site and all outgoing messages, Gucci , LV, Hermes  and so will prices in the near future, and after at least compared to the average price rose 1 percent, the industry estimated that in August the price of the three brands would all go up.

Burberry and Other Luxury Goods into China overtly: the Abolition of Ben Direct Acting

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July 17, Britain’s largest luxury goods retailer Burberry  Group  announces that the acquisition will be 70 million pounds of its franchise partners, Kwok Hang Holdings in Mainland China region  Burberry  Lite of franchise stores.

Currently,  Burberry  has 30 cities in the Mainland and 50 franchise stores. According to its 2010-2011 fiscal year plan,  Burberry  to open in fiscal year 10 new stores, all for the Direct.

 Burberry  chief financial officer Stacey Cartwright on the phone said it was not an easy negotiation, both sides took a long time to find consensus. As the shop and the brand was originally proposed by Kwok Hang Holdings and each Burberry all, the shop is a focus of the negotiations.
 Under the new agreement,  Burberry  will invest 70 million pounds in cash Kwok Hang Holdings 50 stores in the Mainland and 85% of the shares of the company. All transactions will be expected to be completed in the fall. In the future,  Burberry   store will be fully responsible for operation and management of the Mainland.
 ”Shop next step up efforts to accelerate the development of online shopping market. Now the Chinese market is a golden opportunity for further development.”  Burberry  chief executive Ahrendts this interpretation Burberry’s future in the Chinese market.

Chanel Ice Cube Handbags — Featuring a Variety of Frozen

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Chanel ICE CUBE

Summer, how to make up their own cool? This is a lot to be accomplished. Chanel  Ice Cube’s new series of bags to the ladies to provide a new cool way, I believe that carrying this “ice” like a handbag, no less cool feel certain .

Animal Patterns’ Spicy Bags–Make the strong OL Woman

2010, the trend of clothing and decoration are extended in the past exaggerated the wild style of “animal” popping up, the wild  Zebra stripes, leopard, crocodile pattern, or the zoo moved to him, making it light and nimble and beautiful body a little more wild.
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This bag design is unique, a kind of plastic bags package of  feeling, a positive fashion serpentine design to the original single color bag immediately to life.

Johnny Weir: Everyone should be Very Glam about Their Lives and Handbags

 

Throughout his various genre-defying figure skating performances, Johnny Weir let us into his brain. During his eloquent Olympic speech, Johnny let us into his heart. The Sundance Channel’s “Be Good Johnny Weir” let us into his life and now, thanks to Bluefly, Johnny is letting us into his closet.

For the eighth installment of the sartorial shorts, Bluefly tapped the impeccably dressed Olympian for Closet Confessions — a series featuring celebrities of every ilk giving fans a guided tour of their wardrobe, and by proxy, their life.

Since every article of clothing has a story, Closet Confessions becomes a mini-autobiography, with the featured star taking a walk down memory lane as they dig through their duds. In celebration of today’s new episode, PopWrap caught up with Johnny to talk about all things fashion — his first big purchase, his inspirations, his rules and of course his faux pas!

DecadesTwo 6th annual Chanel Event in LA

DecadesTwo 6th annual Chanel Event in LA

 

If you love Chanel, shopping for pre-loved designer handbags  and accessories, and happen to live in LA or around Melrose Avenue, you’re going to want to read the rest of this post in great detail.

Decadestwo is hosting their 6th annual Chanel Event over at their Melrose Avenue store on December 8th and 9th.

Expect to see hundreds of fabulous items from the late ’90s to ‘09

On Tuesday, the 8th, VIP will be invited for an exclusive first shopping opportunity from 10: am – 5: pm. During this time D2 will be raising money for Beyond Shelter, the non-profit organization that supports homeless families in Los Angeles. D2 will even match each contribution to the charity!

On Wednesday, the 9th, the doors will be open to the public from 10: am – 7: pm. There still will be lots to pick from. The Chanel handbags  stock will be replenished throughout the day with new items.

Location: LA-based Shop, located at 8214 Melrose Avenue