Ernst & Young, one of the largest professional consulting services in the world, recently released a report pointing out that China's luxury market has developed rapidly in recent years and women born in 1980s are likely to become regular consumers of luxury goods.
Statistics reveal that currently, China is the third largest luxury market in the world and high demand for these goods among urban women is a major factor for its growth.
Women born in 1980s are more willing to purchase luxury items as they prefer to present a sophisticated image.
It is observed that these young women have a purchasing habit through network. Some of the world-renowned luxury retailers choose to set up shops on network and provide ensured real goods service.
Fibre2fashion News Desk - China
marketing@alchempro.com
