shoesstar
Unprecedented generosity
29.05.2012 1410

Unprecedented generosity

Chinese and Russians spend the most in the world

According to studies, the Chinese and Russians are now in first place in the world ranking in terms of “generosity” and purchasing power. So, against the background of a long lull in European markets, countries with rapidly developing economies show significant results, including in international shopping: with increasing wealth, more and more people are eager to spend money on expensive things in foreign shopping tours.

Despite the ever-higher growth of Brazil, Russia and India, the Chinese continue to dominate international shopping. As reported on the website of Il Sole 24 Ore, in January 2012, the number of shopping tourists from China increased by 92,3% compared to last year, which in itself can be considered a record. The Chinese spend their money mainly in Hong Kong, Europe and the United States, spending an average of 4350 euros per trip, which is 40% more than in the 2010 year.

If in the 2011 year it was expected that the Chinese would spend $ 69 billion abroad, then in the 2012 year this figure could reach $ 80 billion, riamoda.ru writes.

Following the Chinese, Russians appear in the rating of shop tourists for the 2011 year; their number increased by 23,9% compared to the 2010 year. According to preliminary estimates, they could spend about 42 billion dollars, mainly in Turkey and Italy - the favorite places of Russian shopping tours. According to estimates, such trips help Russians save from 35 to 50% of their funds due to the difference in prices.

Tourists from Brazil, where on average 8 of 10 luxury items are bought abroad, do not particularly think about the costs of traveling. The United States, despite its geographical proximity, attracts only 29% of travelers, while 52% of tourists travel to Europe. But in the USA, Brazilians do not save and spend an average of 4940 dollars each time they cross the border. For them, the States are a true wonderland, which saves up to 80% of the money.

In India, people go shopping abroad not only because of high prices for imported luxury goods, but also because there are not enough boutiques in the country that could satisfy the needs of about 153 of thousands of wealthy Indians who are ready to spend money on expensive things. Therefore, about 60% of them go shopping mainly in Dubai, Hong Kong and London.

Chinese and Russians spend the most in the world As studies show, the Chinese and Russians are now in first place in the world ranking in terms of “generosity” and purchasing power. So, in the background ...
5
1
Rating
Midinblu

Latest News

The first MICAM day in Milan is a reflection of the situation on the global fashion market

The largest international exhibition of footwear MICAM, which will run from 20 to 23 September, has started in Milan. This exhibition is the 90th in a row, and the first in the history of the event, which is held in such a truncated format.
21.09.2020 14

Dr. Martens and Marc Jacobs presented a new design for the anniversary model of the martens

Dr. Martens enlisted Marc Jacobs to create an anniversary pair of his 6 1460-inch boots, which turns 60 this year. Brands already had a similar experience of cooperation 27 years ago, writes snobette.com.
20.09.2020 24

The pandemic has sent Peter Kaiser to the threat of bankruptcy

Peter Kaiser has filed a petition with the Pirmasens District Court to develop an action plan to avoid bankruptcy proceedings. According to the company's managers, Peter Kaiser led to a pre-bankruptcy state of quarantine in ...
17.09.2020 283

Vans unveils collaboration with MoMA in New York

The design of the Vans x MoMA collection, which consists of shoes, clothes and accessories, is inspired by the works of outstanding artists presented in the MoMA Museum, including Salvador Dali, Wassily Kandinsky, Lyubov Popova, Claude Monet, Edvard Munch, Jackson ...
17.09.2020 387

Warm models have appeared in the Crocs line of clogs

As we wrote earlier, the American brand noted an explosive growth in sales of its clogs during the summer months of quarantine, and apparently, in order not to lose the gained momentum, decided to offer consumers an autumn version of its popular model.
17.09.2020 382
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning