日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

LVMH to add wedding photo firm to portfolio

By Xu Junqian in Singapore and Xie Yu in Shanghai (China Daily) Updated: 2012-05-18 09:01

LVMH to add wedding photo firm to portfolio

Wedding couples take pictures in front of a Catholic church in Qingdao, Shandong province. Couples in Shanghai spend an average of 4,127 yuan ($653) on their wedding photos.?[Photo / Agencies]

LVMH investment arm L Capital is on the prowl for a Chinese wedding photography company as its next investment target, said Ravi Thakran, L Capital Asia managing partner.

"We are looking at a Chinese wedding photography company," Thakran said in Singapore on Wednesday, pointing out that the company "is very large in China".

Thakran did not reveal which company L Capital is in talks with to grab a bigger slice of China's quality lifestyle brand market.

LVMH is keen to cash in on China's wedding industry, where spending is rising along with increased incomes.

Nationally, newlyweds spend an average of 3,526 yuan ($557) on their wedding photos.

He Lina, secretary-general of the Shanghai Wedding Industry Association, said high-end wedding photography is particularly popular among local young people.

Couples in the city spend an average of 4,127 yuan on their wedding photos, according to a survey conducted last year by the association.

"Young people in Shanghai are very willing to spend money on wedding dresses, or wedding photography," said He.

Most wedding photos were taken indoors in the past. But today people will have their wedding photos taken outdoors, and even abroad, she said, which means even higher prices.

Actually, this is not the first time the Singapore-based private equity fund company has expressed an interest in the Chinese market.

LVMH to add wedding photo firm to portfolio


 

LVMH to add wedding photo firm to portfolio
LVMH to add wedding photo firm to portfolio

In February, the company acquired a 10-percent stake in Chinese fashion manufacturer and retailer Ochirly, the first time the company, founded in 2010, took a direct stake in a Chinese mainland company.

"The companies we select (for investment) should have a good vision of what they want to achieve. They should have good products, good concepts, and we believe, with our help, they can go to another level," said Thakran.

"We only look for niche, and the niche has to be very special," as he added.

An earlier report from the Associated Press noted that the fund was aiming to invest a total of $650 million in brands in China and India.

In an interview with The Associated Press, Thakran said that he anticipated the fund would eventually have investments in 14 companies that "fall below the level of top global luxury brands but are above mass consumer goods" in the two emerging markets.

"Asia is today important not only for me or LVMH, but also important for perhaps everyone in the world, talking about fashion and luxury," said Thakran.

"Asia is a primary driver. Some of the brands cannot even survive without the Asian market."

Contact the writers at xujunqian@chinadaily.com.cn and xieyu@chinadaily.com.cn.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产日韩综合 | 午夜成人影片 | 国产精品自拍区 | 四虎黄色片| 日韩精品免费一区二区三区 | www日韩精品 | 久久理伦 | аⅴ天堂中文在线网 | 一区二区在线视频观看 | 亚洲资源网 | 久久久久草| 婷婷色网站 | 免费成人毛片 | 老鸭窝成人 | 国产精品一区二区三区在线 | 91国产在线播放 | 精品国产精品国产偷麻豆 | 综合婷婷 | 91亚洲精品国偷拍 | 四虎影院永久地址 | 伊人久久大香线蕉成人综合网 | www.av视频在线观看 | 91麻豆精品视频 | 五月六月丁香 | 黄页网站在线播放 | 日韩久久免费视频 | 天堂在线中文网 | 清宫性史 | 欧美爱爱爱 | a√在线观看 | 在线视频一区二区三区 | 综合久久中文字幕 | 综合色婷婷一区二区亚洲欧美国产 | 国产精品毛片一区二区三区 | 狠狠干91| 二区在线观看 | 福利社午夜影院 | 亚洲视频观看 | 五十路在线视频 | 第一页在线观看 | 亚洲精品一二 |