Louis Vuitton China noncommittal on the CBN journalists, they gave reporters information provided by the CBN is currently in the shop area of the Hang Lung 900 square meters, and no publicly available for store expansion plans.
In order to prove their “top” status, what is there than the “extensive business”, “open big store” more convincing do? In Gucci (Gucci) at the Shanghai Diamond lots, 2,000 square meters out high-profile flagship store in China, immediately after the news that had settled over the years Hang Lung Plaza, Louis Vuitton (LV) will also be “expanded store” the objective of achieve at least the size of the Gucci store.
The rank in the top two in the global luxury brand “battle of wits” unsuccessful, another Italian luxury brand coveted the Chinese market surfaced. Just opened in June with the Gucci store across the street and looking out of this round of action brand is Prada (Prada), previously available only with Hang Lung Plaza occupies one of the Prada store sales of conventional CBN staff journalists confirmed that: they do will be out 2 months after the new store, the shop will have a two-layer scale. The original location of this shop is a Japanese jewelry brand.
In the past year’s economic crisis, the luxury goods market, showing a diminishing supply of consumption trend, in addition to the size of the layout of the shop, business figures also can be used as a powerful argument. “As of January this year, China’s total spending accounted for the global luxury goods market, 25% to 86 billion U.S. dollars, for the first time surpassed the United States as the world’s second largest consumer of luxury goods.”
