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Business News Agency November 1 French \,[link widoczny dla zalogowanych], or for men and young people. The report notes that China's highly competitive market,[link widoczny dla zalogowanych], consumer demand and very professional, know how to choose. Currently six brands (Dior, Louis Vuitton, Chanel, George. Armani, Gucci and Rolex) accounted for 50% market share in China. China's luxury market in 2010 grew by 30%, such as the calculation of this growth, 5 years, China will become the world's third largest market for luxury goods (including Greater China, has been ranked the third largest). Also this year, Chinese tourists in Europe to become the leader in luxury goods purchases, London and Paris for their first choice. The expert also pointed out that men in China began to pay attention to fashion, from fashion apparel to cosmetics, has great potential.
reported that luxury this year's global turnover of 168 billion euros, an increase of 10% (at constant exchange rates growth of 6%). According to the experts, the estimated turnover for 2011 will be about luxury 173 billion euros, up 3% to 5% over 2007's record 170 billion euros; but the economic crisis in 2009 the turnover has fallen by 8%. This year the North American market grew by 7%,[link widoczny dla zalogowanych], is expected to grow by 6% in 2011; Europe in the stimulation of tourist spending grew by 6% this year and is expected to grow by 5.5%; Asia excluding Japan grew 22%, Russia 10% from 5% to ,[link widoczny dla zalogowanych], Brazil,[link widoczny dla zalogowanych], from 15% to 20%.