High-End Clothing Is Popular, And There Are Plenty Of Fans In The American Luxury Market.

If you feel good about being a rich person, then the luxury industry that you serve for the rich is also feeling good.

The global market of luxury clothing is thriving and expanding, especially in the luxury market in China and the United States.

IsabelCavill, senior retail analyst at PlanetRetail, the world's leading UK retail intelligence research firm, said: "

The overall trend is upward, and there are enough fans in the US luxury market and other emerging markets.

2012

Will show excellence

Bain, partner of Bain&Company management consulting and ErikaSerow, a luxury clothing expert, believes that the US luxury market sales level in 2011 is the same as the total before the recession, and the growth rate is expected to fall somewhat, at 3%-5%.

The high-end apparel market was excellent in 2012.

"This is reflected in our editorial plan. In 2012, we have a special introduction to the fashion trend of high-end clothing."

According to the Cotton Corp lifestyle survey (LifestyleMonitor), a survey of new trends in luxury consumption has been made in the United States in 2011, with annual income of $75000 or more.

On average, it costs $903 to buy clothes, and the average annual income of over $100 thousand is 975 yuan for clothing, while those earning more than 200 thousand dollars spend 1073 dollars on clothing.

In addition, male consumers in the US high income group spend an average of 780 dollars on clothing, while female consumers spend significantly more than men, spending an average of 1009 dollars on clothing.

Throughout the world, the number of Chinese consumers with disposable income has been increasing.

Data from the US Cotton Corp and the International Cotton Association survey of Chinese consumers show that Chinese high-income earners earning $925 or more a month spend $373 a year on clothing.

Male consumers in China's high-income group spend an average of 329 dollars on clothing, while female consumers spend more than men on average, spending an average of 411 dollars on clothing.

Chinese and American high income groups choose different shopping places.

BorisPlaner, director of research at PlanetRetail, said that special attention should be paid to the differences between the definition of "high income" between the US and Chinese consumers in order to better understand the relevant figures of clothing consumption.

Fashion designers and retailers in emerging Asia and Latin America will continue to expand their markets for different cities, not the whole country.

Lifestyle survey found that in the United States, 63% of the high income group liked to spend in chain stores, 58% of the high-income people liked shopping in department stores, 48% of the high-income people were willing to go to the parity stores, and 46% or 30% of the high income groups liked to shop and shop online.

Meanwhile, according to the US Cotton Corp and the international cotton association of the United States, a survey of Chinese consumers, 43% of China

Like to go to department store consumption, 41% of Chinese luxury consumers are willing to shop in stores, and 32% and 22% of Chinese luxury consumers love chain stores and supermarket consumption respectively.