largest consumer of luxury goods

Luxury brand in the West once sought after by fanatical: the people to follow Napoleon Queen's favor bag Louis Vuitton  ,proud of to use Christian Dior retro fabric  , imitation  Jacqueline Kennedy pink Chanel suit. ... ... into the 21st century, European countries, the consumption of luxury goods enthusiasm began to wane. "BRIC" emerging markets such as the rapid growth of luxury goods, luxury goods industry, the world's major growth area.
June 9, 2011, the World Luxury Association and the China Trade Promotion Center CCPIT jointly issued the "official report of the World Luxury Association 2011 Blue Book" that in February 2010 to end of March 2011, China's total consumption of luxury goods market reached $ 10.7 billion (not including private jets, yachts and luxury cars), more than a quarter of the global total, nearly 2 / 3 of the luxury brands to enter China.