The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers.
The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers. The middle#
The middle class accounts for about 38 percent of world’s consumer market of luxury goods, according to a recently released data from Goldman Sachs.
The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers. The middle#
The report says Chinese buyers spend heavily on luxury goods and pegs their average spending on each purchase at US$ 782.
The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers. The middle#
The number of middle class buyers of luxury goods in China has increased from one million in 1995 to 37 million today.
The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers. The middle#
Goldman Sachs predicts the number of Chinese buyers of luxury goods will increase to 256 million in 2025, in terms of a compound annual growth rate of 14.1 percent.
The rapidly expanding Chinese middle class provides a vast market for luxury goods manufacturers, including luxury clothing producers. The middle#
Fibre2fashion News Desk - China
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