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It is with pleasure that China Luxury Summit is back since its emergence 5 years ago. As China's most significant and compelling luxury event that gathered over 2000 senior luxury personnel, celebrity and industry elites from world top luxury brands. China Luxury Summit will start a brand new journey in Macau in 2010.
In the wake of financial crisis which has brought blow to world luxury summit, China remains a focal point in terms of its robust luxury consumption. Therefore, more and more luxury brands intend to explore and enhance business opportunities in China. It goes without saying that China's super rich as well as mid-class has been an unavoidable force in Asian even world luxury group featuring:
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Expected to be No.1 luxury consuming country in the world |
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An estimated 18,000 billionaire |
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A super rich class of around 440, 000 multimillionaire and rising |
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The only market where men consume much more luxury than women |
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The youngest and booming luxury market in the world |
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A middle class of around 250 million people especially in the 20s and 30s boast high purchasing power |
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China's consumption demand for luxury grows by 20% annually |
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By 2015, it is estimated that China's consumption of luxury goods will rise to 30% by around $80 billion a year |
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How to cultivate long-standing luxury brand especially during post-crisis period |
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China---a market with a variety of goldmines or landmines? |
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Does "Brand as badge" mentality still dominate Chinese consumers in the following years? |
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How to rapidly be adapted to an emerging market as a new player? |
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Strategies & suggestions on merger & acquisition in luxury |
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Will second or third-tier cities consume most of China's luxury in the future? |
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Facing competition in the market, where will "fast fashion" go? |
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Effective retailing---the key to ideal profit |
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E-commerce: Reality or mirage for luxury retailing one day? |
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