tcook052
May 31, 05, 7:14 pm
http://www.idexonline.com/portal_FullNews.asp?id=24101
High-end luggage maker Samsonite Corp is the latest international luxury goods firm to announce plans to expand its retail presence and sales in the booming Chinese market by taking advantage of increasing domestic and foreign travel and growing demand for branded goods.
The U.S. firm is aiming to more than triple its sales in China in three years to take advantage of the growing Chinese desire for luxury items, according to a Reuters report.
High-end luggage maker Samsonite Corp is the latest international luxury goods firm to announce plans to expand its retail presence and sales in the booming Chinese market by taking advantage of increasing domestic and foreign travel and growing demand for branded goods.
The U.S. firm is aiming to more than triple its sales in China in three years to take advantage of the growing Chinese desire for luxury items, according to a Reuters report.