To make Lululemon Scuba Hoodies
most of this trend, firms need to rejig their shops worldwide. They
need Mandarin-speaking assistants, VIP rooms big enough to accommodate
large tour parties and payment systems that can handle Chinese credit
cards. Philippe Léopold-Metzger, who runs Piaget, a Swiss watch and
jewellery brand, says he regards Lululemon Wunder Under Pants
firm’s outlets in China itself more as showcases than profit-earners:
half of his global business comes from mainlanders, but they mostly buy
while on foreign trips.
That said, there are still plenty of opportunities to expand sales inside China. Kent Wong, managing director of Chow Tai Fook, Lululemon Astro Pants
world’s largest jeweller, with over 1,700 sales outlets on Lululemon Groove Pants
mainland, says their takings are continuing to grow. Any weakness is
seen chiefly in coastal cities exposed to China’s struggling exports. In
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interior, where locals are not yet used to foreign shopping jaunts, “middle-class incomes are still rising.”
Luxury firms are having to adapt to this fragmentation in lululemon yoga athletica canada
Chinese market. Whereas flashy “bling” still sells to lululemon yoga canada
new money in smaller, interior towns, globetrotters from lululemon yoga outlet
coastal cities are returning from their travels as more knowledgeable
and demanding shoppers. Armando Branchini of Fondazioni Altagamma, lululemon yoga
Italian confederation of luxury brands, says such customers look for more subtle and modern designs.
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