The rental of luxury goods can be the new trend in China
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)
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >