Chinese Tourists Boost Europe Luxury Sales
Good article telling you a lot about the increase of wealth within China as shown by Chinese tourists in Europe.
Chinese Tourists Boost Europe Luxury Sales - WSJ
Chinese Tourists Boost Europe Luxury Sales - WSJ
Key Points:
- 22% of all Gucci sales in Europe are to Chinese tourists
- 2.4 Million Chinese tourists will visit Europe in 2010 (estimate)
- Average spend per Chinese tourist is 718 Euro ($932) on tax free shopping
- 30% of London Burrberry Sales are to Chinese tourists
Labels: china's future, made in china
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