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The Luxury Consumer Price Index
The Luxury Consumer Price Index
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The Luxury Consumer Price Index was up 1.52 percent in 2012, the smallest gain in seven years. Among nine major categories including luxury property, vehicles, watches and jewels, tobacco and alcohol, education and tourism, prices of high-end tobacco and alcohol slumped the most in 2012, falling by 1.85 percent after having risen 7.84 percent in 2011.
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  • By Hao Yan In Shanghai(China Daily)2017-04-24 11:42

    Lexus executives pose with the new Lexus NX mid-size SUV at its world premiere during the Shanghai Auto Show on April 19, 2017. [Photo provided to China Daily]Lexus, the Japanese premium automobile brand, has launched a fresh Chinese-language version of its global slogan of Experience Amazing, toget...

  • By Fan Feifei(chinadaily.com.cn)2017-04-20 17:20

    French luxury fashion house Longchamp plans to open more stores in China in order to expand its presence, considering the huge growth potential, Longchamp CEO Jean Cassegrain said."Currently, we have 18 stores in China. There is a potential for us to open stores at new locations and there are still ...

  • By Li Fusheng(China Daily)2017-04-20 14:58

    Lincoln presents its vehicles at the ongoing Shanghai auto show. [Photo provided to China Daily]US automaker Lincoln has unveiled two models at the Shanghai auto show as part of its commitment to offering Chinese customers more diverse products and enhanced personalized ownership experiences.The MKZ...

  • By Chen Meiling(China Daily)2017-04-15 07:31

    China's high-income families take their kids on holiday at least twice a year, with each family member spending 120,000 yuan to 150,000 yuan ($17,400 to $21,800) on each trip, according to a report released by travel website HHtravel last week. The report is based on booking data from the website. H...

  • By Sun Yuanqing(China Daily)2017-04-14 06:52

    The fashion industry in general might be having a challenging time, but some brands are thriving thanks to the sweet spot called accessible luxury, where luxury meets affordability. SMCP, the French company that owns affordable luxury brands Sandro, Maje and Claudie Pierlot, announced its annual res...

  • By Sophie He(China Daily)2017-03-31 07:12

    Making people look charming and alluring is a resilient trade despite global economic woes, cosmetics chief William Lauder tells Sophie He. The growing Chinese consumer impact also gives Estee Lauder the impetus to expand in the Asia Pacific. Whatever economic quagmire the world may have got into, p...

  • (China Daily)2017-03-17 08:15

    When asked about how the government will deal with ever-worsening smog at a news conference on Wednesday at the conclusion of the annual session of the National People's Congress, the top legislature, Premier Li Keqiang faced up to the severe environmental challenge China faces, saying the country s...

  • By Li You(China Daily)2017-03-16 07:41

    China's booming economy and the rising purchasing power of Chinese customers have resulted in the rapid expansion of the country's luxury goods market. Set against the backdrop of this expansion, experts have warned consumers about the risk of counterfeit products on the online secondhand luxury mar...

  • (chinadaily.com.cn)2017-03-08 13:50

    An Aventador S, Automobili Lamborghini's luxury automobile, is on display at the 87th Geneva International Motor Show in Switzerland, on Mar 7, 2017. [Photo/VCG]Hailed as one of the most important international auto shows in the world, the Geneva International Motor Show will open to the public on T...

  • By Li Fusheng(China Daily)2017-02-27 08:08

    BMW's i8 catches visitors' eyes at the Beijing Auto Show last year. PROVIDED TO CHINA DAILYSales figures fail to tell the story in rivalry among three premium carmakers, Li Fusheng reports.China is probably home to the most intense competition among premium carmakers, and this competition may reach ...

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