Posts Tagged north america
Burberry To Double Presence In China By 2012
Although there are signs that the global luxury market is finally getting back on its feet in hard-hit developed markets like Europe and North America, luxury executives apparently still have their eyes set firmly on the emerging world as their long-term insurance policy.
Read Full Story »Geely Preferred Bidder For Volvo: What Could This Mean For China’s Auto Ambitions?
One of today’s big news stories is the announcement by Ford that Chinese automaker Geely has emerged as the “preferred bidder” for Volvo, following months of speculation. If Geely indeed does buy Volvo, this sale could have major implications for the Chinese car industry’s global ambitions.
Read Full Story »Chinese Spending Buoys LVMH
LVMH Moët Hennessy • Louis Vuitton S.A., the mighty global juggernaut, has had a bit of a rough year in the traditionally reliable markets of North America, Japan and Europe.
Read Full Story »Luxury Car Sector Continues To Thrive in China
The sustained growth seen in the Chinese automotive market over the last year has shown that the vast Chinese market — vast both in size and in potential customers — still has plenty of room to grow. For luxury carmakers, who’ve had a tough year in markets like North America and Europe, recent figures that show Chinese buyers are still motivated to part with their cash are welcome, to say the least, as formerly reliable customers in the US and other major economies think twice before signing on the dotted line.
Read Full Story »Bentley Mulsanne: One Eye On The China Market?
With the global doldrums cutting into the vehicle budgets of many luxury consumers in developed markets like North America, Japan and Europe, high-end car companies like Rolls-Royce have increasingly looked to emerging markets like China to get them through the economic crisis and create a new, loyal buyer’s market.
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