Asia luxury tougher sell – news bulletin

Asia luxury tougher sell

The global luxury goods sector will contract this year with even the world’s fastest growing market, China, expecting sales to halve.

 

Stefanie McIntyre reports


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Asia luxury tougher sell

questions

  1. What will happen to the luxury goods market?
  2. How is predicted growth in 2010 described?
  3. How much are global sales falling by?
  4. How is the financial crisis affecting the luxury goods industry?
  5. What have Asia/Pacific sales failed to do?
  6. How much are sales expected to fall by in this region?
  7. Where is one third of the world market for luxury goods located?
  8. How much did sales in China increase by in 2008?
  9. What do Japanese young shoppers prefer?
  10. What is the predicted rise in sales for 2010?