Hermes LV De Beers And Other Luxury Brands Are Strong In Kazakhstan.

Saks Fifth Avenue, the top U.S. Department store, will open its stores in Kazakhstan in the autumn.

LV, Eskander, Ralph Rucci, Day Beers, Tiffany, Harry Winston and other brands also landed in the market early in the morning.

It is reported that the luxury market has shrunk for the world economic reasons this year, but this does not seem to prevent the luxury brand from further dividing the market.

Kazakhstan, rich in oil reserves, has attracted many countries around the Caspian Sea and Russia because of its close proximity to the Caspian Sea and Russia.

Compete with retailers.

Saks Fifth Avenue, the top U.S. Department store, will open its stores in Kazakhstan in the autumn. Hermes, LV, Eskander, Ralph Rucci, De Beers, Tiffany, Harry and other brands also landed in the market early in the morning.

These ones here

Kazakhstan is regarded as a fat meat. A.T.Kearney's eleventh global retail development index has ranked Kazakhstan as the nineteenth most retail country in the world this year.

Only 5% of Kazakhstan's luxury goods sales come from tourists, which proves that local talent is the largest group of luxury goods buyers.

Local residents often travel abroad, so they are very well aware of luxury goods. Brands such as Alexander McQueen, Giambattista Valli and so on have been stationed in Kazakhstan four or five years ago.

According to data released in Kazakhstan, wages in 2011 increased by 7.5% to $532 per month, while those engaged in finance, insurance, science and technology, mining and other industries earned more than two times the national average.

High wages are not the only reason why Kazakhstan people buy luxury goods. On the other hand, Kazakhstan people pay more and more attention to their personal image. Especially women make their social status through luxury brands.

Hermes Cerruti,

Such brands regard Kazakhstan as an important market. These brands often advertise in fashion magazines, and their recognition is very high.

Men in Kazakhstan are very concerned about tailoring suits, so many high-end tailoring suits also compete in this market.

Luxury goods also stepped into Kazakhstan.