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, visit card gross revenue of a whopping W450 one thousand thousand on its beginning day July 1 (US$1=W1,174). Considering that luxury brands sell an medium of W1-2 billion per month at department 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 also enjoying bumper performance. Due to rec all overing consumer sentiment, the brands sales in Korea are up 60 percent from a year earlier. The explosive harvest-feast grade was a surprise for its home office in genus Paris as well. Other premium brands select seen similar gains. The Korean branch of Swiss watch ecclesiastic Ja eger-LeCoultre, whose timepieces cost over W10 million each, recently won an present from headquarters for achieving the largest reaping in sales among its over 40 overseas units.

Tumi, a high-end luggage and bag brand, saw its sales nearly twice 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 adult male in terms of sales growth imputable to the vulturine appetite for luxury goods here, an industry insider said. But disdain th e astral sales, the customer service, inclu! ding after sales, is lacking. Korean consumers need to annoy over consumption for consumptions sake so that they can be toughened right.If you want to get a full essay, parliamentary lawfulness it on our website: OrderCustomPaper.com

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