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, tour card gross revenue of a whopping W450 meg on its beginning day July 1 (US$1=W1,174). Considering that luxuriousness brands sell an medium of W1-2 billion per month at part 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 too enjoying bumper performance. Due to rec everywhereing 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 t imepieces cost everyplace W10 million each, recently won an present from headquarters for achieving the largest appendage in sales among its over 40 overseas units.

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

If you want to get a full essay, visit our page: write my paper