Recently Released Market Study: Bags and Luggage in Hong Kong, China
In 2013, bags and luggage current retail value sales increased by 7% to reach HK$20 billion, with growth being slightly slower than in 2012. In 2013, bags and luggage performed poorer than during the previous year because the depreciation of the Euro attracted mainland China tourists to visit and buy luxury brands in bags and luggage directly in Europe, but not in Hong Kong. While more sales of bags and luggage went to Europe, bags and luggage value growth in...
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