Sentences with phrase «largest luxury consumers»

The report said the Chinese accounted for half of all the global luxury products» consumption during the period and remain far and away the largest luxury consumers in the world.

Not exact matches

The larger issue for the makers and retailers of luxury goods - and the more frightening one, from their perspective - is whether a new breed of consumer will take shape when the economy stabilizes, one that is not likely to drop $ 14,500 on a Zagliani crocodile handbag.

With high incomes and a large population of brand - conscious Asian consumers, Vancouver has perfect demographics for McArthurGlen, which specializes in outlet malls packed with luxury Euro brands.

As a result, over the past decade global luxury brands started expanding into the capitals of oil - rich countries such as Saudi Arabia, Kuwait and the U.A.E., giving women access to shopping on par with the biggest European cities (Dubai is home to the world's largest shopping mall) and higher consumer expectations.

She has managed everything from the most intimate luxury consumer events to large scale executive forums with thousands of attendees and multi-million dollar budgets.

Already the world's largest car market, China is projected to become the top market for luxury vehicles by 2020, according to L2, a U.S. business intelligence firm that tracks the digital performance of consumer brands.

As the world's largest consumer market, Chinese online shoppers are paying premium prices for Western products including food, cosmetics, vitamins and luxury items from online marketplaces such as Amazon, TMall, JD Worldwide and Taobao Global.

In October, Treasury Wine Estates, the world's largest pure - play winemaker and owner of Penfolds and Wolf Blass, warned shareholders that consumer demand for wine in China had softened in line with souring demand for luxury products ranging from beverages to fashion.

The first Kia K900 flagship large luxury sedan debuted in 2012 to a lukewarm reception, with consumers shying away from a $ 50,000 - plus Kia.

Beginning Jan. 1, consumers must pay a 10 percent tax on the portion of a vehicle transaction price exceeding $ 32,000, up from $ 30,000 currently.The Aurora, a large four - door luxury sedan, will go into production in late January at GM's Orion Township Plant north of Detroit.

While the 2014 Cadillac ELR's $ 75,000 price tag will result in many consumers comparing it to the Tesla Model S, the two cars are functionally dissimilar: the Cadillac is a luxury personal coupe and the Tesla is a large sedan.

On the one hand there is a rapidly growing rich consumer class which has made the country the 12th largest luxury market in the world.

• Fundamental Sell - Side Analyst with capital markets experience, a developed global view and industry vision • Worked as a published Sell - Side Equity Research Analyst covering Latin America equity and as a Buy - Side Portfolio Manager Associate covering U.S. large cap equity • Developed Consumer / Luxury Goods industry expertise as CFO of an entrepreneurial start - up Fashion company, which included management of cash flow, cap...