Medwed
Distinguished Member
- Joined
- Jun 8, 2011
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I would not worry so much about Chinese. They are doing what Soviets were doing in the 1990s. The wave will pass and Chinese will be broke again.
I have a theory on the increase in price- Yoox just started operating their site in China this past year; they know they've tapped into a Gold mine in terms of sales there, believe it or not the newly rich in that part of the world are willing to pay A LOT MORE than the western hemisphere for luxury goods. (if you don't believe me, take a good look at the streets or the cars in Shanghai); people walk into car dealerships with backpack full of cash buying bentley and lamborghini (true story on their newspapers). So gents I hope your dreambox item won't be snatched before they reach your desired sale level; just watch out.
I would not worry so much about Chinese. They are doing what Soviets were doing in the 1990s. The wave will pass and Chinese will be broke again.