China Fashionistas Get Best Deals on Gucci, Hermes Bling: Retail

  August 22, 2014

Gucci store in Hong Kong ChinaWith  Richemont’s trading statement less than a month away how will the Chinese market influence the numbers? Consultancy Bain estimates that Chinese purchased a third of all luxury goods sold globally in 2013, but growth in luxury spending in mainland China will slow to 2 percent this year after rising 30 percent in 2011, it forecasts.

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