Luxury Companies Are Good Ideas For Stimulating Consumption.

< p > China's < a href= > //www.sjfzxm.com/news/index_f.asp > luxury goods < /a > the market has lifted the current situation of sales of luxury goods in China. The luxury companies have come up with a good idea to stimulate consumption: the introduction of discount shopping centers from overseas.

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The P outlets, which are everywhere on the US highway or in remote European towns, are mushrooming in China.

Customers can stroll in the Rome style Italy town.

Here, a Boboli coat is priced at around 9000 yuan, which is 40% cheaper than the original retail price in the Chinese market.

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P > Value Retail, the developer of luxury ote shops in Europe, plans to invest 450 million US dollars in 3 new Olympic shops in China over the next five years.

A London based investment company is expanding its existing luxury outlets in Tianjin, adding two new stores in Shanghai and Foshan, and plans to buy more venues in central, West and North China.

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< p > these companies believe that in the past, Chinese consumers who equated luxury goods with high priced goods now have more and more demand for discount.

Because luxury goods are expensive and expensive in China, many customers prefer to go abroad to buy high-end handbags and < a target= "_blank" href= "//www.sjfzxm.com/" > shoes < /a >. Luxury discount stores hope to pull this part of the consumer group back and attract the buyers of the parallel market.

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< p > luxury goods are facing increasing pressure on inventory due to slower economic growth and intensified competition and the Chinese government's actions to combat corruption and hospitality.

Experts say that aside from the brand image problem, the outlets can help solve the backlog problem.

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Philip Grino, director of the European Department of luxury consulting in China, said that the increase of < a href= "//www.sjfzxm.com/news/index_c.asp > > outlets" /a "indicates that China's luxury market is becoming more mature and becoming more and more European and American. P

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