China leathergoods sales up 25%
22/02/2011
A market survey released by US consulting firm Bain and Company showed Chinese mainland sales of luxury goods in 2010 increased 23% compared to 2009.
Wall Street banker Goldman Sachs was equally as upbeat on 2010 luxury sales, which it estimated at $6.5 billion, putting China on top of the world for major brand sales, after three consecutive years of double digit growth.
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