Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (3698)	11/16/2004 7:33:25 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Disgusting!--Paris luxury summit eyes China as future player PARIS, Nov 16 (AFP) - China and other emerging market countries offer new markets for the luxury goods industry though they are likely in time to themselves become competitors, according to industry experts. China has "a considerable speed of technical assimilation", Hubert Vedrine, a former French foreign minister and now director at the world's leading luxury goods maker LVMH, said at Monday's "Summit of Luxury" here. "With time, the new emerging countries are going to produce and become competitors. They began with copies, but nothing is stopping them from upgrading the quality of products," he said. Dedicated to the future of luxury items, the fourth "Summit of Luxury" in Paris also pondered new forms of luxury and reconciling both the need for worldwide distribution by big groups with retaining the essence of luxury that implies rarity. expatica.com