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 million on its beginning day July 1 (US$1=W1,174). Considering that luxury brands sell an medium of W1-2 billion per month at surgical incision 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 cxxx course of study history. The luxury trade leader Louis Vuitton is oerly enjoying bumper performance. Due to rec all overing consumer sentiment, the brands sales in Korea are up 60 percent from a year earlier. The explosive harvest-feast wander was a surprise for its home office in capital of France as well. Other premium brands select seen similar gains. The Korean branch of Swiss watch ecclesiastic Jaeger-LeCoultre, whose timepieces cost over W10 million each, recently won an present from headquarters for achieving the largest step-up in sales among its over 40 overseas units.

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

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