Now Available: Bags and Luggage in China
With the continuous slowdown in the local economy amid the uncertain global economic situation, consumers were more careful in their spending in 2013. Even though the department stores channel was aggressive in marketing and promotion, retail value growth of bags and luggage decelerated in 2013 when compared to 2012. On the other hand, the rapid growth of outbound travel led to an increase in overseas purchases, especially for luxury bags and luggage, due to the very high import tariffs on...
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