Wednesday, December 12, 2012

Fashionista: Chinese Shoppers Beat Out Americans As Biggest Consumers of Luxury Goods

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Chinese Shoppers Beat Out Americans As Biggest Consumers of Luxury Goods
Dec 12th 2012, 16:30

It’s official: The Chinese have surpassed Americans as the biggest buyers of luxury goods, Bloomberg is reporting.

Not that this comes as a huge surprise:

It’s no secret that China is an important market for luxury brands, and now Bloomberg is reporting that China has officially surpassed the US as the largest consumer of luxury goods.

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