The Opportunity of A Lifetime
March 31, 07 by
By Ken Gassman
Although the jewelry and luxury goods market in China resembles the Wild West in many ways, there is one thing that all forecasters can agree on: the country will become one of the most important markets in the world as it develops and matures. With 1.3 billion consumers who are improving their standard of living daily, shoppers in China will have more discretionary income than ever before. They know the important luxury brands, and they have already shown that they will spend serious money on high quality luxury merchandise. For diamantaires and jewelers, China is an opportunity of a lifetime.
