The Japanese Earthquake Cited Luxury Goods As Less Legitimate.
Any major disaster will affect the disaster state at the psychological level of consumption.
Luxury goods
Market development, "the public will suddenly feel that luxury has no effect, the former purchase is very stupid, and it repels."
Japan's Circulation Association said that after the Japanese earthquake, the luxury market will suffer a great impact. This kind of impact will last for a certain period of time. The consumption concept of luxury goods will be less "justified" than in the past.
It is understood that at present, the major luxury brands have begun to consider whether to reduce investment and market share in Japan.
Famous Italy top grade bedding Bellora Global
Sale
Mr. Angelo Cosmaro, director general, said recently that after the earthquake, the Japanese market will be inspecting as soon as possible, so as to put forward a new development strategy in the market environment and reconsider whether to adjust the layout of the Asian market.
And for many luxury brands around the world, Japan is big.
earthquake
They will be their demons. According to relevant statistics, Japan accounts for 11% of the global luxury consumer market, and is the number one market for many luxury goods giants.
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