That said, there are still plenty of opportunities to expand sales inside China. Kent Wong, managing director of Chow Tai Fook, Lululemon Astro Pants
world’s largest jeweller, with over 1,700 sales outlets on Lululemon Groove Pants
mainland, says their takings are continuing to grow. Any weakness is
seen chiefly in coastal cities exposed to China’s struggling exports. In
Lululemon Crops Pants
interior, where locals are not yet used to foreign shopping jaunts, “middle-class incomes are still rising.”
Luxury firms are having to adapt to this fragmentation in lululemon yoga athletica canada
Chinese market. Whereas flashy “bling” still sells to lululemon yoga canada
new money in smaller, interior towns, globetrotters from lululemon yoga outlet
coastal cities are returning from their travels as more knowledgeable
and demanding shoppers. Armando Branchini of Fondazioni Altagamma, lululemon yoga
Italian confederation of luxury brands, says such customers look for more subtle and modern designs.
Digitally challenged
Over two-thirds of Chinese use lululemon yoga pant
internet to research brands, but most luxury firms have pitiful digital
strategies. One study found that luxury websites take four times as
long to load in China as elsewhere (because most firms do not put
servers inside China’s Great Firewall, which slows access to foreign
sites) and rarely offer yuan prices or purchasing options. Mobile
commerce is growing in China, but few luxury firms’ websites are
optimised for mobile devices.
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