Luxury Brands Korea

Koreans Hunger for Luxuries Wows Foreign Brands [pic] The newly opened Chanel store at Shinsegae Department Stores Gangnam branch got off to a booming start, see card gross revenue of a whopping W450 billion on its beginning day July 1 (US$1=W1,174). Considering that opulence brands sell an medium of W1-2 billion per month at discussion section stores, Chanel achieved the equivalent of 10 days of sales in a single day. Chanel home plate in France was surprised by the brisk performance, which ranks among the best inception days in the companys one hundred thirty course of study history. The luxury trade leader Louis Vuitton is excessively enjoying bumper performance. Due to rec all oering consumer sentiment, the brands sales in Korea are up 60 percent from a year earlier. The explosive harvest-feast tramp was a surprise for its home office in genus Paris as well. Other premium brands select seen similar gains. The Korean branch of Swiss watch ecclesiastic J aeger-LeCoultre, whose timepieces cost over W10 million each, recently won an present from headquarters for achieving the largest development in sales among its over 40 overseas units.

Tumi, a high-end luggage and bag brand, saw its sales nearly recur here from a year ago. high life seat and accessories maker Ferragamo and high fashion brand Miu Miu also affix around 50 percent sales growth in Korea, attracting their headquarters attention. Korea ranks No. 1 or 2 in the demesne in terms of sales growth imputable to the wolfish appetite for luxury goods here, an industry insider said. But disdain the pri ma(p) sales, the customer service, including! after sales, is lacking. Korean consumers need to annoy over consumption for consumptions sake so that they can be set right.If you want to get a full essay, parliamentary rightfulness it on our website: OrderCustomPaper.com

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