Tiffany Expands China'S Market
Tiffany, the US jewellery company (Tiffany), said it plans to strengthen its entry into China.
market
It hopes to cater to the growing demand of luxury goods in China.
Tiffany, President of Michael J. Kowalski, told China Daily in a report that "China will soon become the place where we have the largest number of new stores".
The company plans to open 25 to 30 retail outlets throughout China in the next three years.
In the current financial year ending January, the company will open 14 new stores in the world, of which 4 are located in China.
Kowalski said, "we will keep the same shop opening speed in the next financial year, but will invest more in China's second tier or even three tier cities".
The report said that in the second quarter of 2010,
Tiffany
The highest growth rate recorded in China, an increase of 27% compared with 2009.
Kowalski said that the annual sales volume in the Asia Pacific region will probably increase by around 25% under the impetus of China.
Tiffany currently has 12 rooms in China.
Retail store
Three of them are in Beijing, four in Shanghai and one in Chengdu.
Tiffany expects China to overtake the United States as the world's largest jewellery market in the next five to ten years.
- Related reading
- Show show | FakeLondonStudio:2015春夏伦敦男装周盘点
- regional economies | The Better The Cotton Growing In Sheyang County, The More Worried The Cotton Farmers Are.
- Domestic data | Analysis Of Textile And Garment Export Situation In Shandong Port In May
- Men's district | The Tiny Fat Man Shows You The Secrets Of Being Tall And Thin.
- Show show | Paris Sentinel War: Watch With The Red Carpet
- Boss work together | It Is Appropriate To Point Out And Make Up For The Mistakes Of Superiors.
- Show show | Taylor Kerr "Exposed Belly" Sexy Upgrade Again
- Recommended topics | Youth Is Full Of Beauty. It Feels Like Summer.
- Recommended topics | Literary And Artistic Elder Sister Zhang Jingchu Bump Into A Shirt, A Virtuous Wife, Liu Tao Green Flower Skirt Is Fresh And Witty.
- Show show | 2015 Milan Spring And Summer Men'S Wear Week Trend Inventory, Gentlemen Look At Details
- The Stupidest Twelve Behaviors In The Workplace.
- Workplace Psychology: Three Jobs To Become "White Swans" In The Workplace
- 2010中国服装行业运行情况及趋势
- Management Concept Of Team Leader
- Why Does A Shoe Store Fail?
- 开网店如何快速提升流量？
- Workplace Acrimony: Why Do You Live At The Bottom Of The Workplace?
- Ten Advantages Of Female Entrepreneurship
- Beijing'S Annual Personal Clothing Expenditure Ranks First In The Country.
- Growing Pains Of Entrepreneurs