The rental of luxury goods can be the new trend in China

By: trademagazin Date: 2012. 05. 03. 10:40

Beside the sale and purchase of luxury brand products their rental is also increasing in China.

According to the datas of PricewaterhouseCoopers, the sales of luxury goods in 2011 exceeded 15 billion dollars in the East Asian country, which is an annual 25 percent increase. China in 2010 – by overtaking of Japan – became the world's second largest market of luxury products, and the Ipsos market research firm estimates that – this year China can leave behind the United States – and can be the largest market of luxury goods in the world. (MTI, Szerencsi Ágnes)

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