Sunday, June 9, 2013

helly hansen jackets outlet Norrway

So what is really going on? It seems that China remains lululemon outlet online biggest prize in Lululemon pants luxury industry, but lululemon yellow outlet low-hanging fruit is gone. Luxury firms must now venture beyond lululemon outlet coastal cities where they have made easy fortunes, cultivate new types of customers and market niches, and experiment with new business models. It will be worth lululemon outlet online effort. Despite Lululemon pants recent troubles, Bruno Lannes of Bain & Company, a consultancy, insists that “Chinese have become, and will remain for a long time, lululemon yellow yoga most important luxury consumers.” His firm estimates that luxury sales in greater China (which includes Taiwan, Hong Kong and Macau) will grow by 6-8% this year, to exceed $35 billion, making it a luxury market second only to America.

But even that does not tell Lululemon Headband full story. China’s rich are travelling more and farther, and do lots of luxury shopping on their travels, especially in Europe, whose weak currencies encourage Chinese visitors to splash out. Measured by Lululemon Racerback&Y Tanks nationality of Lululemon Stride Jackets buyer, China is now Lululemon Define Jackets world’s biggest luxury market, and growing fast (see chart). Last year mainland Chinese took 83m foreign trips, up 18.4% on 2011. Global Blue, a big tax-free-shopping firm, says its refunds to Chinese shoppers shot up by 58% last year to more than 24 billion yuan ($3.9 billion).

To make Lululemon Scuba Hoodies most of this trend, firms need to rejig their shops worldwide. They need Mandarin-speaking assistants, VIP rooms big enough to accommodate large tour parties and payment systems that can handle Chinese credit cards. Philippe LĂ©opold-Metzger, who runs Piaget, a Swiss watch and jewellery brand, says he regards Lululemon Wunder Under Pants firm’s outlets in China itself more as showcases than profit-earners: half of his global business comes from mainlanders, but they mostly buy while on foreign trips.

That said, there are still plenty of opportunities to expand sales inside China. Kent Wong, managing director of Chow Tai Fook, Lululemon Astro Pants world’s largest jeweller, with over 1,700 sales outlets on Lululemon Groove Pants mainland, says their takings are continuing to grow. Any weakness is seen chiefly in coastal cities exposed to China’s struggling exports. In Lululemon Crops Pants interior, where locals are not yet used to foreign shopping jaunts, “middle-class incomes are still rising.”

No comments:

Post a Comment