China’s luxury goods is a love-hate relationship. Since the end of last week’s lunar New Year holidays can see clearly that. In China, Spring Festival is a major gifts, fixed time is a luxury brand marketing.lululemon online This year, Bulgari, Bulgari and Louis Vuitton (Louis Vuitton) luxury brands such as introduced to snake for the subject commodity, to attract holiday shopping. But recently, the Beijing atmosphere is disappointing. The Chinese government wants to show his seriously to eliminate the gap between the rich and the poor and the fight against officials taking precious gifts. According to consulting firm Bain & co (Bain) statistics, luxury gifts can account for up to a quarter of the sales of luxury goods.
China’s state administration of radio,lululemon outlet film and television announced before the Spring Festival holiday restrictions on radio and television advertising expensive watches and liquor and other products. Before the move is for the government to curb extravagance in response to this effort, including 2011 high-end lifestyle of outdoor advertising is prohibited. It’s hard to say the latest would have what effect on luxury goods company limited. According to China’s ministry of commerce statistics,lululemon factory outlet during the Spring Festival period this year retail sales and catering enterprises increased by 14.7% from a year earlier. But this is the slowest growth rate since 2009, although the Spring Festival and valentine’s day overlap to a certain extent, also is likely to stimulate the sales.