While the developed
Hermes Handbags world tighten their belts and focus spending on daily necessities, the big luxury companies are looking to China’s new rich to buy their jewelry, clothes and bags.The Chinese market shows remarkable resilience in the financial crisis because it has an increasing number of people able and willing to buy
Dior Handbags luxury goods, says Guo.“Unlike the mature traditional markets, demand in China is far from saturated either materially or psychologically.”The high-end market, which was once believed to be immune from economic downturn.