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Luxury replica watches uk in China Despite the Global Slowdown This article first appeared in Knowledge Wharton China Even as luxury goods consumption has fallen worldwide, China appetite for high-end retail has shown a swiss replica watches. Italian men brand Ermenegildo Zegna continues to see a strong flow of new customers through the doors of its 60 retail outlets in China. than I expected, says Ken Kress, head of Zegna China operations. bottom line is that the overall economy and diversification of wealth have continued to grow. Zegna isn alone. Even while Wall Street was still reeling last November, LVMH (hublot replica) (the French luxury group with products ranging from accessories to spirits) reported double-digit sales growth during the third quarter of last year, according to LVMH 2008 Annual Report. The company has seen growth in China, led by leather goods brand Louis Vuitton And, while wine and spirit connoisseurs around the world are showing restraint in purchasing pricey bottles, in China LVMH has reported sales of Hennessey cognac, and the cartier replica was the largest market for luxury spirits in 2008.

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