By Jane Barrett MILAN, Nov 18 (Reuters) - Big Italian luxury brands are gleefully opening stores in China to lure the booming economy's newly rich and are racing to ensure their goods are "must haves" for the fresh big spenders. But smaller firms tremble at the cheaper products flooding out of China, fearing they will be put out of business by new rivals with lower labour costs and a weak, export-boosting currency. "China is both an opportunity and a danger," said Mario Boselli, the ...
Premium Content (PAID Subscription Required)
"Italy's luxury sector eyes China with hope, fear" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642