Improved profitability of companies operating in china.
1.1 According to its latest quarterly report, Starbucks (SBUX, Fortune 500) saw a 30% year-over-year jump in
revenues from its Asia-Pacific region, lifted by outstanding sales in China.
1.2 Starbucks' solid sales growth in the region was driven by the 500 new stores it opened there last year, and its
Asian expansion plans aren't slowing down.
1.3 In the last five years, overall retail coffee sales in China climbed by 10%, beating growth in Hong Kong, Japan
and the 3% global average, according to data from research company Euromonitor International.
1.4 Starbucks said its marketing strategy in China is similar to that of its Western markets. It continues to focus on
its core food and beverage products while also offering other locally oriented choices.
2.1 Burberry: UK fashion brand Burberry has reported a larger-than-expected rise in annual profits, helped by a
strong performance in Asia.
2.2 Revenue grew between 2012- 2013 by 20%. Total
revenues for the year rose by 8% to £2bn.
2.3 Burberry emerged as a winner among Western brands in the Far East. Its robust growth contrasts with more
cautious recent comments on the region from fashion rivals.
3 JAGUAR LAND ROVER
3.1 In 2013 The Jaguar XJ has also delivered another veryIn 2013 The Jaguar XJ has also delivered another
very strong month, up 50% with sales growth in almost all major regions. Jaguar demonstrated strong growth
in all of the major regions: the China Region up 278% strong month, up 50% with sales growth in almost all
major regions. Jaguar demonstrated strong growth in all of the major regions: the China Region up 278%
3.2 JLR’s positive results in China also contrast with those of Bentley, which last week said sales had
fallen 3 per cent in the region amid a recent crackdown on exuberant spending and ostentatious
4 TIFFANY & CO.
4.1 ‘Other luxury brands that are doing well in China include jeweller Tiffany & Co, which has benefitted from
the rising demand for diamonds among couples’ An slow increase in the population of China increase the
percentage of relationships giving Tiffany & Co the opportunity to invest in their diamond designed
4.2 Tiffany is the latest Western brand to report good sales there. Prada SpA (1913.HK) and Coach Inc
(COH.N) recently posted big gains in the world's fastest-growing market for luxury goods.
4.3 Sales at stores open at least a year in Asia, except for Japan, rose 13 percent in the second quarter ended
July 31, helped largely by China.
4.4 Sales in Asia outside Japan now account for about 22 percent of overall revenue, compared with 11 percent
five years ago.
5.1 Chanel came third in China's 2013 World Luxury Index, beaten only by Audi and