New Luxury Trends in Asia

Global Business

New Luxury Trends in Asia

Trendy American brands, like Coach, Michael Kors, and Tory Burch, tend to price lower on the luxury line spectrum — and they’ve witnessed a tremendous sales boost in China. What’s behind this growth? CCTV’s Zhang Tao reports from Shanghai.

New Luxury Spending Trends in China

Zhang Tao reports from Shanghai where "American trendy brands" like Coach, Michael Kors, and Tory Burch are all seeing sales boosts.