Asia luxury tougher sell – answers

By Berni | October 20, 2009

questions

  1. What will happen to the luxury goods market? it’s expected to contract
  2. How is predicted growth in 2010 described? scant
  3. How much are global sales falling by? 8%
  4. How is the financial crisis affecting the luxury goods industry? it is sapping demand
  5. What have Asia/Pacific sales failed to do? offset the falling sales in the Americas
  6. How much are sales expected to fall by in this region? 16%
  7. Where is one third of the world market for luxury goods located? the Americas
  8. How much did sales in China increase by in 2008? 30%
  9. What do Japanese young shoppers prefer? mixing luxury items with niche local brands
  10. What is the predicted rise in sales for 2010? 1%

 

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