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  • 1 Post By virago

Fashion Entrepreneurs in HK?!

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  1. #1

    Fashion Entrepreneurs in HK?!

    Hi guys,

    I'm interested in knowing the views of readers on the luxury goods business in China and Asia. Is it as booming as it sounds? Are there more opportunities or is the sector shrinking? I interviewed Marselle Ma, a Chinese University of Hong Kong (CUHK) MBA and founder of Fashion Fiesta, a luxury goods company based in Hong Kong and she left her job with HSBC to start the company.


  2. #2

    Join Date
    Feb 2010
    Posts
    7,441

    Yes it's booming. Been number of years now but is becoming saturated. The last number of years the RMB continues to climb making purchasing from the likes of HK alot more attractive.

    In China the prices for luxury goods is more at an ultra premium level (compared to the west). For example, prices of cosmetics is generally 40% higher in China.

    East_coast likes this.

  3. #3

    Join Date
    May 2008
    Location
    Canada
    Posts
    779

    I actually know Marselle from high school in Canada, well before she changed her name to that. It's interesting, but all the best to her! But I'm curious how she gets her products at a discount as most/all these big names do have their own stores in Hong Kong.

    Last edited by Hairball; 22-10-2012 at 09:27 PM.