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Six trends in China's luxury industry

chinadaily.com.cn Updated: 2018-09-30

4 Online research and offline purchasing is a major pathway for buying luxury goods.

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An Omega Speedmaster Co-Axial Master Chronometer is seen at the BaselWorld watch fair in Basel, Switzerland, March 22, 2018. [Photo/VCG]

Young consumers of luxury goods prefer to seek information online, and then go to a physical store to buy the products. However, due to price, styles and other reasons, 45 percent of young buyers will make their final purchases at overseas stores.

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