Personalized modern luxury leather jewelry watch packaging gift boxes for women | tell you why LVs close their brand stores so quickly

Last year, the reporter from Pi sustainable packaging company has reported that the LV brand store in HK CBD has closed due to poor business and too expensive store rent. Recently, the news paper reported that LV has closed their brand store in Guangzhou, they will also plan to close their stores in Shanghai and Taiyuan later this month.

Meanwhile, many luxury brands such as Dior, PRADA, CARTIER, CUCCI and so on have also closed 34 brand stores in 2015, but only open 14 new brand stores. From these data, you can easily find that the operation situation of luxury brands have been suffering tough economic decline.

Custom modern luxury leather jewelry packaging gift boxes for women with LED light |made by Pi sustainable packaging will analysis the reason why so many luxury brands had to close their brand stores so quickly today. As you knew, the rent of brand store always super expensive, the reason why luxury brands still would like to select so hot stores is they consider these stores as a key part of their brand promotion and luxury brand building. Once their sales decline too dramatically to support their store rent, then they had to give up so expensive brand promotion fee. Now, Chinese buying agency has been raising dramatically these years, we are able to purchase luxury goods from the foreign buying agency in much lower price, as these buying agency does not need to pay the super expensive store rent.

Additionally, luxury brands always mean that their product quality should be super high, their product packaging should also be super luxury. Such as luxury watch boxes below are adopted by ARMANI: