Wednesday, July 13, 2016
If President Xi Jinping of China has his way, conspicuous consumption, especially of luxury brands will continue to fall in his country. And many of the brands like BMW and Hugo Boss are doing just that. On the rise though are some of the high-end sportswear brands like Nike and Adidas.
It doesn’t hurt that these can be found in Outlet malls in China, allowing consumers to buy big names at discounted prices.