As reported by Caixin Global.
Luxury goods sell for 50% more in China than in France and Italy, and 20% more than the global average. But emerging markets — including China and Russia — continue to drive growth for the sector.
Compared with France, China’s highest premium is for watches and jewellery, at 55% more expensive on average, while bags were the lowest, at 40% pricier … Read full article here
