Is China’s smaller cities becoming luxury retailers’ next “gold rush”?
Many luxury retailers are betting that China’s smaller cities will have HUGE upside potential.
Trinity Ltd., a luxury menswear and accessories retailer in China under six brands, Altea, Cerruti 1881, D’urban, Savile Row suitmaker Gieves & Hawkes, Intermezzo and Kent & Curwen, announced that it will add 50 or more stores in smaller Chinese cities as wealth from booming coal and car industries has quicken demand for luxury clothes.
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