Late last year, the luxury goods industry is also optimistic that the luxury goods Jeans chain in the most high-end fashion industry, to the sociological significance of the consumer will never change, it does not work economics. French fashion brand High customization boast Chris (Christian Lacroix) is also pleased to say that their high-level customization in 2008 over the previous year increased by 40% over the past six months, May 28 this year, he announced that the brand filed for bankruptcy protection. June 8, the luxury goods held in Paris seminar, the representative of France that the Hermes Group, the world's luxury goods market was facing a grim situation, is expected to be facing the depression period of two years. Global strategy consulting firm Bain (Bain & Co.) Forecast the global luxury goods consumption will decline 10 percent this year, and Bain also said that luxury goods market in the mainland of China will rise 7%. Mainland China has become a luxury brand consumers savior, reshaping the power of the source of confidence. To the world's largest luxury goods group LVMH for example, since 2007 the Group's profits in the mainland of China increased by more than 30% annually, only a brand Louis Vuitton in the 22 cities opened 27 stores, shops open to the Jeans Changsha, Xi'an , Qingdao, Xiamen, Wuxi, such as second and third line cities.
"Mainland China on the whole world to see, in fact, the international trend has been the impact of Chinese society. China and the world trend of luxury goods consumption is two curves, one from low to high to climb, a drop from high to finally in the 21st With the cross-century, compared to the view, very mean. "WGSN is the world's most successful Jeans fashion information service providers, professionals were seen as" the Bible ", the company's Julie Harris, general manager of the Asia-Pacific region, told reporters of the journal .