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CLSA DIPPED IN GOLD PDF

Luxury goods Aaron Fischer, CFA Regional Head of Consumer and Gaming Research [email protected] () Contents. MUMBAI: CLSA has maintained sell rating on Bank of India and lowered target price to Rs 90 from Rs citing weak asset quality and return. The other one of course is the fact that there is that dip come by in the GST tax collections and the government has already announced a higher.

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While for cosmetics, because of the time it takes to get import approvals, mainlanders can always buy the newer collections in Hong Kong.

Sars intsunami interrorist attack in the UK in and civil unrest in France in the same year all had an impact on Chinese outbound travel. Some luxury hotels in Shanghai are already at a price range comparable with those in financial hubs such as New York and London.

It added that it expects retailers in the city and on the mainland to benefit from this growth. They enjoy being given special treatment and have no hesitation in paying a bit more for that privilege.

Dipped in gold, China to be world’s top luxury market – CLSA

Figure 43 Figure Similarly, Chow Tai Fook, which holds a dominant market share in Greater China’s jewellery retail business, established a network of more than 1, jewellery and watch points of sale.

Watches and jewellery top luxury wish list Chinese consumers love watches and jewellery for their intrinsic value and accessories are great vehicles to display wealth and success. However, with handbags, jewellery and alcohol, China may have a better chance. China is still a mens market, and more traditional.

Alcohol – premium local spirits such as Moutai and Wu Liang Ye are successful examples. China Reality Research 19 January aaron. It is only a matter of time before Chinese luxury brands are established at home.

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Figure 55 Competing against shops overseas Score the following competition your store faces: Many large department stores in Japan, Europe and the US have hired Mandarin speakers to ride on this trend. Hong Kong superseded the US as the largest Swiss watch importer from mid, spurred on by a combination of a healthy financial and property markets prior to the crisis and the influx of mainland Chinese tourists.

As the mainland market expands, its superior growth has an increasing impact on total growth of the luxury-goods sector. Hainan rosewood, in particular, is very prestigious and a set of four chairs recently sold for Rmb Meanwhile, luxury cars are still male-dominated.

China luxury primer (dipped in gold) clsa () – [PDF Document]

Hang Seng Index’s consumer goods sub index has slipped 8 percent since November last year. For example, top-notch luxury tea. Euromonitor Watches, jewellery, apparel, cars and wine are good ways to show off and gain respect.

It is a meaningful adjustment as Hong Kong is the largest Swiss watch importer in the world. As the income of Chinese citizens continues to rise, analysts say a significant market will be created for gold.

The industry did contract in due to the global financial crisis, by It also comes with the luxurious feeling of travelling to shop. For a country whose gold production in the first four months of reached Luxury more for him. To be considered, chances are you would have to be a frequent shopper ie, have bought more than 10 Patek Philippe watches.

From head to toe Luxury goods Luxury services As the Chinese saying goes, daily life is all about clothes, food, accommodation and travel. According to CLSA, mainland Chinese consumers are the single biggest group of tax-free shoppers in the world.

The Red Eight and the Chinese customer Luxury goods Watches and jewellery are great for displaying wealth, gifting, and collection 5.

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We expect a growing trend towards more global consumer companies listing in Asia all or part of their business. Which jewellery brand did you buy? We also believe it does not matter where companies are listed. This is a big positive for top players including watch and jewellery retailers from Hong Gild as well as global brand names such as Hermes, Louis Vuitton, Prada and Gucci. Unique solution in India But India might have a solution.

As the mainland market expands, its superior growth has an increasing impact on total growth of the luxury-goods sector. Hurun Research Institute Our CLSA proprietary luxury-goods survey shows that people in the age group are the drivers of accessories and skincare demand.

A water container in China in the old days. While for luxury cars, consumers in the age group are vlsa dominant.

Chinese to buy 44% of luxury goods by CLSA

From head to toe Luxury goods Figure 99 Figure Dippped luxury brand would you like to own? Bythe country’s appetite for gold bars, coins and other gold-backed products will have risen to new heights. China Reality Research Chinese wealthy like longer cars Rich individuals from China also prefer longer cars that appear more extravagant and easier for those who would like to be chauffeured.

According to electronic retailer Bic Camera, the average spending of Chinese tourists is? It was reported that the competition drew 50, Chinese applicants including girls from Vancouver, Im, New York and Paris.