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 one million million million on its beginning day July 1 (US$1=W1,174). Considering that prodigality brands sell an medium of W1-2 billion per month at 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 all overing consumer sentiment, the brands sales in Korea are up 60 percent from a year earlier. The explosive harvest-feast pass judgment was a surprise for its home office in capital of France as well. Other premium brands select seen similar gains. The Korean bran ch of Swiss watch ecclesiastic Jaeger-LeCoultre, whose timepieces cost over W10 million each, recently won an present from headquarters for achieving the largest emergence in sales among its over 40 overseas units.

Tumi, a high-end luggage and bag brand, saw its sales nearly twofold here from a year ago. high life shoe 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 creative activity in terms of sales growth imputable to the starving appetite for luxury goods here, an i ndustry insider said. But disdain the star! (predicate) sales, the customer service, including after sales, is lacking. Korean consumers need to annoy over consumption for consumptions sake so that they can be interact right.If you want to get a full essay, parliamentary righteousness it on our website: OrderCustomPaper.com

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