Video: Demand For (Some) Luxury Brands Holding Up In China

Is Worst Of Slowdown Over For Likes Of Burberry?

As Jing Daily noted last month, a slowdown in China’s red-hot luxury market — which is still expected to register double-digit growth in 2012 — has been far from uniform for major brands, with some (Dior, Prada, Hermès) showing continued strength while others (Hugo Boss, Burberry) have faltered. But as the year starts to draw to a close, and major gifting periods like Chinese New Year approach, is the worst of the luxury slowdown over, even for brands that have hit rough patches in 2012? CNBC takes a look today:

Business / Business & Finance / Economics / Fashion / Government / Lifestyle / Luxury / Trending Topics / Video
by Jing Daily
Tag: burberry,cnbc,economics,gifting... , More
Headlines
In case you missed them the first time around, here are some of Jing Daily’s top posts for the week of May 13-17.
At the recent Bespoke Luxury Summit in Sydney on May 16, Jing Daily sat down with China luxury experts Regina Lam and Lisa Chang to hear their thoughts on how far luxury brands have come in China, and how far they have to go.
Carolina Herrera plans to open its first China boutique in Shanghai this fall, which may be a smart move for the brand despite slowing retail growth.
LVMH menswear subsidiary Berluti has opened its first store in China carrying its entire product offering in Shanghai as part of a twenty-store global expansion for 2013.
A recent article in "China Daily" states that a Saudi princess's purchase of a gown from a Chinese high-end label signals a rise in the popularity of Chinese design.