The luxury industry has never been better. There is a new millionaire in China every hour, so the growing interest of people for luxury became a true fact. People from all over the world get interested to luxury and it is interesting to highlight how popular Luxury news magazines and newspapers have become.
The luxury industry in China is like a roller-coaster. Sometimes we go up, sometimes we go down and sometimes things are upside down. In 2015 the Chinese market represented 20% of the global luxury business. This means $17.2 billion. Full review here.