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Reduced compared with Hsintien and some cities have flagship stores have withdrawn business was even more startling: late last year, the great Eastern Wuxi city, Hermes [-3.5% funds research] withdrawal of Rayong has nearly 10 years of Dolce&Gabbana and Armani flagship store flagship store, 3rd and 6th on the Bund in Shanghai Bund closed one after another. Patek, along with the withdrawal of the Bund baoshilong 18th.

Nevertheless, the major luxury brands nike air max tn dam still occupy two or three-tier stage. According to wealth Institute of quality observations, luxury brands are opening stores in China has a significant cluster effect of location choice, as an iconic luxury brand to open in local shops, tend to be absent from other luxury brands, lack of own judgment, resulting in a branded shop zhaduier, but does not match the local spending on luxury goods.
"Luxury brands in the store location, you also need to pay attention to the local commercial real estate development. For example, many luxury brands are bullish on China market, which is the most popular city in Zhengzhou, but due to poor commercial real estate in the local environment, so the small number of luxury brand at your local shop. "Zhou fortune the Dean says. Wuhan in Hubei Province, currently has more than 4 million square meters of existing commercial project supplies, commercial projects will be over the next 5 years the supply of 3 million square meters, but most of the location or property for sale, best luxury items are few.

"Most of China's current and future large-scale nike air max 90 dam commercial supply positioning for mid-tier or in the low-end, item positioning and the growing problem of assimilation of brand, which requires property developers digest and solve together with the mass-market luxury opening stores to reduce its impact on China commercial real estate and general merchandise is more confidence in the market and the expected weakening. "Wuhan Jie Li, Managing Director of Jones Lang LaSalle said.