Some changes are taking place in China's luxury market, including the location of luxury LOGO products. China's luxury spending has shown a negative trend for the first time in years, and luxury spending is expected to decline by 2% in 2014, according to a recent report by Bain, a management consultancy. some changes are taking place in China's luxury market, including the location of luxury LOGO products. : according to a recent report released by management consulting firm Bain, China's luxury consumption has shown a negative trend for the first time in years, and luxury consumption is expected to decline by 2% in 2014. DDT global consumer industry leader Anthony de · · Reed (Antoine de cheap jordans for sale mens Riedmatten) Matton said in an interview with the author before, in Chinese luxury market sales are not satisfactory, on the one hand is the gift market to combat corruption, on the other hand is a large number of luxury goods consumption in overseas. according to him, more than 50% French luxury brand income from tourist consumption, and Chinese is one of the main purchasing power at home and abroad, the price is an important reason, in addition to "people in a relaxed and is more likely to occur in the process of tourism consumer behavior". Bain also said in a report, Chinese consumer luxury consumption is still the world's highest and fastest growing, and their consumption abroad is more than three times their Retro jordans for sale local consumption. Anthony further said that compared with the past, the Chinese purchase of luxury places not only rapid migration, the purchase of the crowd is also changing. While the gift market is falling, more popular personal consumption is growing fast. : in Anthony's view, many luxury brands have recognized this change, and then made some reactions. for example, compared to the luxury goods as a gift of the journey usually need a distinctive LOGO, but individual consumers pay more attention to the quality of products and services, the change of brand "accelerated to LOGO". In today's luxury stores, you can clearly find that LOGO position in the product has become increasingly low-key. cheap jordan shoes for men Dean wealth Quality Institute Zhou Ting said, will be the prelude to the brand to the LOGO in the future, consumers will shift focus from the brand to the product quality, the concept of "price" does not apply to this previous luxury also began to be mentioned. 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