Tuesday, June 12, 2012

LOUIS VUITTON FALLING OUT OF FAVOUR WITH CHINA'S SUPER WEALTHY?



According to online magazine RED LUXURY, China's chic and wealthy are systematically snubbing LOUIS VUITTON for the simple reason that it is in fact too popular.

In a trend which has affected other brands in the past who have 'dared' to be overly successful, LOUIS VUITTON  has been described by one retailer interviewed by RED LUXURY as a brand that "even your domestic helper can afford".

According to Shaun Rein, managing director of China Market Research Group 

"the truly wealthy, the real millionaires, (...) will not to buy LV Louis Vuitton or Gucci because they are too common place.  Rich people are getting richer and they want exclusiveness and more self-indulgence".

Could this be one of the reasons behind Mr. Arnault's decision to invest in reviving ultra exclusive (and a clear favorite of the Green Pebbles Girls)  MOYNAT?



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Green Pebbles A Passion for Luxury Fashion and Watches: LOUIS VUITTON FALLING OUT OF FAVOUR WITH CHINA'S SUPER WEALTHY?

LOUIS VUITTON FALLING OUT OF FAVOUR WITH CHINA'S SUPER WEALTHY?



According to online magazine RED LUXURY, China's chic and wealthy are systematically snubbing LOUIS VUITTON for the simple reason that it is in fact too popular.

In a trend which has affected other brands in the past who have 'dared' to be overly successful, LOUIS VUITTON  has been described by one retailer interviewed by RED LUXURY as a brand that "even your domestic helper can afford".

According to Shaun Rein, managing director of China Market Research Group 

"the truly wealthy, the real millionaires, (...) will not to buy LV Louis Vuitton or Gucci because they are too common place.  Rich people are getting richer and they want exclusiveness and more self-indulgence".

Could this be one of the reasons behind Mr. Arnault's decision to invest in reviving ultra exclusive (and a clear favorite of the Green Pebbles Girls)  MOYNAT?



Labels: , , , , , , , ,