China’s Luxury Market

01/01/2007

China has barely paused for breath this year in its rise to global power. For the third year in a row, its economy is on track to grow by more than 10%. China has spawned a new cast of millionaires and an emerging middle-class centred in large cities on the coast.

Private Equity and Luxury Goods

The private equity sector is by all accounts the single largest buyer and seller of businesses in the market as a whole today. Some observers credit private equity firms with a good half of the entire M&A market, with almost no limit on deal size due to the ever increasing amounts of capital available to the leading funds.

Japan – A Maturing Market

While Japan has been a vital market for the luxury goods sector in the past decade (25% of global revenues in 2006), the country has recently shown signs of a fundamental shift in consumption patterns.