Market Stall Could Boost Used Luxury Goods
By Xu Chi |
November 22, 2011, Tuesday
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Print Edition
Print Edition
AS China's real estate business and stock market stall, the market for second-hand luxury goods has great potential to boom, experts predicted in a report yesterday.
Many people who own luxury items may be affected by the downturn in real estate and stocks and may be forced to sell their luxury products for cash, thus giving the second-hand luxury goods market a chance to thrive, said Zhou Ting, an expert on luxury goods.
Such a market is emerging in China, with more stores dealing in genuine second-hand luxury goods.
Many people who own luxury items may be affected by the downturn in real estate and stocks and may be forced to sell their luxury products for cash, thus giving the second-hand luxury goods market a chance to thrive, said Zhou Ting, an expert on luxury goods.
Such a market is emerging in China, with more stores dealing in genuine second-hand luxury goods.
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