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 / Industries

High-end brands shift strategy from luxury to quality

By Xie Yu and Wang Zhuoqiong (China Daily) Updated: 2014-05-28 06:56

High-end brands shift strategy from luxury to quality

Shoppers pass by a Chanel store in Shanghai, May 27, 2014. [Photo/IC]

As the government austerity drive takes a bite out of sales in China, companies are tweaking their image, report Xie Yu in Shanghai and Wang Zhuoqiong in Beijing

International luxury brands are shying away from being associated only with the super rich in an effort to conform to a Chinese market being affected by the central government's austerity drive.

High-end brands shift strategy from luxury to quality

"We are seeing certain watches, some very expensive ones, that are selling at a discount. People are afraid to buy even for themselves in order to stay low-key," said Omega Watches CEO Stephen Urquhart.

Swiss watch exports to China, including those from Richemont and Swatch Group, dropped 14 percent in the first 10 months of 2013, data from the Federation of the Swiss Watch Industry showed.

But as chief executive officer of Omega, which is part of the Swatch Group, Urquhart prefers to call what happened in 2013 a "consolidation" rather than "shrinking".

The austerity drive may even be thought of as an opportunity for "strong brands, good brands and authentic brands", Urquhart said, as some customers will shift to less conspicuous consumption.

Most of the Omega purchases in China are individuals buying for themselves, Urquhart stressed. The brand emphasizes quality rather than mere luxury, he added.

In a bid to avoid the impact of the anti-corruption campaign, almost all the luxury brands being marketed in China are trying to readjust their image.

Juan-Carlos Torres, chief executive officer of high-end watch brand Vacheron Constantin, said in an earlier interview that the brand is "not used in the corruption business".

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 精品99在线 | 三级国产在线观看 | 成人免费黄色小视频 | 国产精品99视频 | 成人一区二区三区视频 | 精品无码久久久久久国产 | 婷婷在线综合 | 四虎视频国产精品免费 | 国产精品一区二区视频 | 中文字幕亚洲欧美 | 久久久久久久99 | 一区二区三区国产在线观看 | 我爱av好色 | 方子传在线观看 | 日本一二三区在线观看 | 丁香婷婷综合激情五月色 | www.97av| 天海翼在线视频 | 久久久久黄 | 天天天天干 | 青青视频二区 | 亚洲在线观看免费 | 私人午夜影院 | av网站在线免费 | 国产一级特黄a高潮片 | 香蕉久草| 国产一二区在线 | 亚洲影院在线观看 | 久久桃花网 | 亚洲第一成网站 | 日韩视频一区二区三区在线播放免费观看 | 岛国精品在线观看 | 国产91精品久久久 | 国产精选第一页 | 欧美精品久久久久久久久老牛影院 | 神马久久av | 亚洲免费视频网 | 久久手机免费视频 | 三级黄色片免费 | aa一级视频| 国产黄色免费大片 |