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Feb
2013

Tianjin city report: The gifts market

Currently, many of the luxury goods sold in the city are purchased for gift giving reasons. Gift consumption contributed 30% to 40% to the total luxury market in Tianjin. During the important holiday periods such as spring festival and Christmas, this ratio will increase to 40% to 50%. However, with the better taste and greater experience of both the consumers and gift receivers, the requirement on luxury brand diversity increases……

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