China's luxury market

Luxury is recession-proof, says CLSA

Even a slowdown in economic growth will not dent China's appetite for luxury goods, according to CLSA's Aaron Fischer.
<div style="text-align: left;">
Prada was among the first high-profile foreign companies to list in Hong Kong (AFP)
</div>
<div style="text-align: left;"> Prada was among the first high-profile foreign companies to list in Hong Kong (AFP) </div>

CLSA Asia Pacific Markets expects that the global luxury goods market will grow by 8% during 2012, largely driven by robust demand in Greater China, which is expected to grow by 25% during the year.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media