Tag Archives: Luxury

Market Analysis

Gucci Plans to Take the Share of China Luxury Products Consumer Market

“If everything goes well, the China’s Luxury Products Consumer Market will be the main market in the world.” Patriziodi Marco, SEO of Gucci said.

In the “Global luxury market report” released by Bain & Co in the end of 2009, it was reported that the total amount of luxury products consuming in China Home increased by 12%, reached to 9.6 Billion US Dollars. And Chinese people bought the luxury products overseas for about 11.6 billion US dollars.

China, overpasses the USA, becomes the second biggest country of Luxu Items Consuming, with the first one is Japan.

From the 2nd half year of 2008, many world-know brand named products met “Waterloo”, and Gucci seemed to take it earlier. And that is why Gucci is so eager for the blossom in China’s market. They so far own 35 outlets in China, covering 26 cities; and they plan to open another twenty stores in the next 3 years.

However, the big investment into the decoration of the grand stores adds more financial burden to Gucci. And they are now planning to take some stores which are not so costly, to make sure they could make money soon when they are ready to the market.

Patriziodi Marco said that, the Gucci Items now pay more attention to the better grade of matching of different products, and they much focus on the special design and crafts for the mid-and-high prices. Some examples improved this much, they are the classic collection from Gucci, such as New Jackie, Icon Bit Bags, New Bamboo Gucci Bags, and Diamante luggage series. They just enjoy a good market for these products can be afforded by more and more mid-class people.

In the marketing and sales, Gucci emphasizes the luxury tradition and fashion, the unique soul in Gucci brand. They start to show people the brilliant craft process directly; become one of the sponsors for the Equestrians; release the GuccilifestyleApp for I Phone; and set up outlets for Icon Sneakers.

All the Gucci did is to get itself ready to take bigger share of China Luxury Products Consumer Market.

Market Analysis

Luxury Sports Car of This Generation

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Most of the luxury cars are modified with two doors and can perform with great speed on the road. These cars are expensive because of the limited versions of their kind. Car manufacturers many times have their own classifications of luxury sports cars that they sell in the car market industry for those drivers who look for pleasure and extravagance in a car. Here are some examples of luxury sports cars that you can compare and rate according to their prices and features.

1.    One of the most extravagant and most expensive sports cars is the Ferrari F430 Spider. Ferrari has generated this car as the second fastest car in the world that reaches a speed up to 193 mph. This awesome speed has lived up to its expectations because Ferrari has always been consistent in promoting and endorsing top of the line models and designs for its cars. The Ferrari F430 priced at $180,000 is an all around sports car with a 486-hp engine and is considered as the company’s best F-1 technology.

2.    Another top of the line luxury sports car is the Jaguar XK. This car will be released early this year as their main attraction for the 2007 series of the Jaguar. This car is said to be the lightest of the Jaguar designs because of the bonded-aluminum platform that is used in its modernized features. It weighs lighter than the previous version, which is the DOHC 4.2-liter engine.

3.    The Porsche Cayman can be considered as the most well rounded Porsche sports car that is released. Although it is not considered the fastest or most expensive design in the car market, many car enthusiasts are still fascinated with this car because of the accuracy of the steering wheels and mid-engine balance it gives the driver when it is on the road. The car is priced $59,985.

4.    When car enthusiasts are looking for a fast car and would like to satisfy their need for speed, the Chevrolet Corvette ZO6 has it all. This car can blast up to 200 mph. To topple the Corvette’s great speed you have to acquire the Ford GT and spend $150,000. Just like the Le Mans C6R Corvette racecar the ZO6 has a 7-liter and 505-hp engine. It also features carbon fiber front fenders and dry sump V8.

These are only a few of the certified luxury sports car that car drivers can find when wanting to make comparisons in the car market. Many sports cars can be one of the top-of-the-line cars when you talk about their classification for being a luxury sports car.