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One feature of newfound wealth in the developing world has been the embrace
One feature of newfound wealth in the developing world has been the embrace
游客
2024-02-20
12
管理
问题
One feature of newfound wealth in the developing world has been the embrace of Western luxury labels. But since the global economy【B1】______apart, the rich classes have cooled their【B2】______on Chanel handbags and Gucci shoes. That doesn’t【B3】______they’ve given up luxury fashion altogether. They are turning to smaller, local designers who develop homemade luxury brands and【B4】______with world famous brands by providing high-quality luxury【B5】______at a fraction of the price.
In India, the crisis has translated into an【B6】______opportunity for Manish Arora and Rajesh Pratap Singh, two of the country’s most【B7】______ designers. Their pieces have global appeal but also speak specifically to Indian customers. For as little as $ 350, Indian shoppers can【B8】______a dress at either designer’s main store. "Indian designers have been sensitive to market conditions and have adjusted both their product and prices,【B9】______ ," says luxury retail consultant Sabina Chopra.
These markets all share certain traits: cheap, highly skilled craft labor; interest in abundant color; and【B10】______. Their consumers are delighted to buy a statement piece by one of their own designers for a third of the price of a comparable Western creation. It goes beyond savings) there’s an element of pride at work, too. Today,【B11】______. Tomorrow, they’re likely to face serious competition from these upstarts (后起之秀) on their home range of London, Milan, Paris or New York. [br] 【B11】
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答案
western brands are learning to exist together withlocal brands in foreign markets
解析
western brands,exist,local brands,foreign markets
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