LuxuryMart09 Offers to Open Up China Market

LuxuryMart09, the event for luxury brands targeting China’s fast-growing affluent population, is to be held in Shanghai on January 15, 2009. Now in its third year, LuxuryMart09 is expecting to welcome around 250 senior executives from 120 top brands to attend the prestigious B2B matchmaking event at the Pudong Shangri-La.

The “luxury brand summit” is the leading annual platform for brands to exchange ideas and collaborate on marketing products and services for high-end Chinese consumers. China is the world’s fastest-growing market for luxury brands, expected to rank second only to Japan by 2015. The country’s “Rich List” includes 1,000 individuals with more than RMB 0.7 billion each in assets and 800,000 millionaires.

The event is sponsored by Hurun Report, China’s leading luxury business magazine, globally renowned for its annual “China Rich List” of mainland tycoons and entrepreneurs.

LuxuryMart09 will also announce China’s prestigious ‘Best of the Best Awards’ recognizing the top brand and lifestyle preferences of China’s high net worth individuals and now in its fifth year. The awards are decided by a survey of 500 elite consumers and are the largest and most authoritative in China.