China'S Luxury Market Is Still The Biggest Consumer Market Because Of Its Intensified Anti-Corruption Efforts.

Luxury Brands In Italy Will Open At Least 100 New Retail Outlets In China.

A survey released in February by the World Luxury Association showed that in the month of the Spring Festival in January 20, 2013 to February 20th, the total consumption of luxury goods in the mainland of China amounted to 830 million US dollars, compared with the sales volume of US $1 billion 750 million in 2012, which decreased by us $920 million, and sales fell by nearly 53%, reaching the lowest level in 5 years.