Spoonful of Sugar | Vernon Hills Review
On a trip to Milan in July, the 27-year-old marketing executive from Shanghai picked up a Loewe leather handbag for 8,000 yuan , about half what she would have forked over in China. The price difference between Europe and the mainland can pay for a round-trip ticket for me to Paris or Milan, explains Hu, whos collected luxury bags since she was 23. If I could do that and holiday for a few days there, why wouldnt I? China imposes duties as high as 25percent on imported products such as leather handbags, dresses, shoes, and watches, depending on their value, according to data from the World Trade Organization . The country also levies consumption taxes of 20 tirai jendela warna biru percent on high-end watches and 30percent for cosmetics. The effect of taxes and a price markup means luxury branded items end up costing 50percent more in China than in Europe, said Sanford C. Bernstein analyst Mario Ortelli. Last year 67 percent of luxury products purchased by mainland Chinese were acquired outside the country, according to Bain.
Why COACH, Michael Kors, Apple, GM and New Balance are Succeeding in China – Forbes
At the end of July 2014, the court ordered Laura to stop using the Buccellati brand name, to take the name off of her handbags or else deliver all of her inventory to the company, to trash all of her marketing and promotional material, in print or online, and to stop using misleading statements about her connection to the famous Buccellati jewelry business. But, Laura did not have to pay one penny of damages to the Buccellati company for past infringement. The jury decided no damages were in order. Probably they were swayed by the fact that even while Laura was infringing, Buccellati sold a controlling interest in the company for $100 million. So be careful when you set up your manufacturing operation, consulting service, or mobile app company. You may be foreclosed from using your own name.
The Best-Selling Luxury Handbag Designers In Each Major City | StyleBlazer
With the dirth of brands fighting for a stake in the space, and the demand for goods overpowering the supply , its interesting to see which luxury handbag brands are keeping up despite the madness. In a report done by Fashionista in conjunction with online consignment start-up TheRealReal , they identified the top selling handbag designers broken down by city. Their findings do a great job of identifying what brands are trending around the country, and while most of the report is pretty predictable there were a few surprises. Click on the next pages to see which brands reign in cities like New York, San Francisco, Miami and more! 1
I provide companies with go to market, expansion, consumer engagement, and supply chain strategies and implementation in China. Key areas of concentration are consumer products, retail, luxury, healthcare and automotive. I have completed projects and campaigns for more than 200 multinational as well as small and medium sized enterprises in China. I was previously managing director of China BrightStar, a china-focused consulting firm, and VP at Beijing Gongmei, a Chinese manufacturing conglomerate. I regularly appear in the media and am a frequent speaker at conferences, universities and special events providing insight on Chinese business, politics and culture.