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Chanel targets China’s ultra-rich with VIP salons

GLMTY by GLMTY
June 18, 2023
in Beauty

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THE WHAT? Chanel has lower the ribbon on two VIP retail areas, referred to as Chanel Les Salon Prives, in China. The French luxurious model’s unique shops function discrete entrances and personal becoming rooms.

THE DETAILS The invite-only house in Guangzhou measures 3,200 sq ft and in addition boasts a public lounge space, whereas the Shenzhen salon spans 4,300 sq ft and value some US$6 million to rework and equip.

THE WHY? The salons are a part of Chanel’s wider VIP-first technique, whereby its efforts are targeting ‘nurturing native clientele’, WWD reviews quoting Chanel CFO Philippe Blondiaux. And no surprise, the Chinese language luxurious market is predicted to be pushed by the highest 2 p.c of massive spenders, per figures from Bain & Co.

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