Over two-thirds of Chinese use lululemon yoga pant
 internet to research brands, but most luxury firms have pitiful digital
 strategies. One study found that luxury websites take four times as 
long to load in China as elsewhere (because most firms do not put 
servers inside China’s Great Firewall, which slows access to foreign 
sites) and rarely offer yuan prices or purchasing options. Mobile 
commerce is growing in China, but few luxury firms’ websites are 
optimised for mobile devices.
As lululemon yoga pants
 tastes of rich Chinese evolve, business models combining local flavour 
and global savvy are emerging. Qeelin, recently bought by Kering, a 
French luxury house formerly known as PPR, is one example. Another is 
Shang Xia, a homeware label inspired by local crafts, launched in 2010 
by Hermès, also of France. Under orders from lululemon clothing
 government in Beijing, foreign carmakers and their Chinese 
joint-venture partners are creating new, local brands: BMW will produce 
cars with lululemon clothing for cheap
 Zhinuo badge, and Mercedes will market new models under lululemon closing
 Denza brand.
So far, Chinese luxury buyers, especially of cars, have turned up their noses at domestic brands. But lululemon clothing for sale hybrid brands may prompt them to reassess mcm bags
 “Made in China” label, says Michel Gutsatz of mcm handbags
 China Europe International Business School. At a conference mcm backpack
 school recently held, He Haiming of CCTV, China’s dominant national 
broadcaster, pointed out that “Made in Germany” and “Made in Japan” were
 also once derided, but are now marks of quality. As Europe’s 
luxury-goods firms grow from low-volume exclusivity to semi-industrial 
scale?thanks in large part to China’s voracious appetite for their 
wares?Mr Gutsatz argues that they “must think of economics” and consider
 manufacturing in China itself instead of mainly exporting to it. The 
business of getting wealthy Chinese to open their wallets is bound to go
 on evolving, but mcm outlet
 opportunities for growth make it irresistible.
 
No comments:
Post a Comment