Retail in Asia

In Sectors

France’s Groupe SMCP sees strong China demand for its affordable luxury clothing

Luxury brands may be experiencing sales volatility in China, but affordable luxury companies are experiencing strong growth.

Parisian affordable luxury brand Groupe SMCP is seeing strong demand and little signs of slowing. Groupe SMCP’s Greater China same store sales grew in the high double digits in 2014 and has carried over to the beginning of 2015.

(Source: red luxury)