Mainland Chinese tourists lining up at a LV store in Hong Kong. http://www.luxuo.com/wp-content/uploads/2010/04/hong-kong-louis-vuitton-queue.jpg

According to the latest article from Reuters, stocks such as Coach, Tiffany, LVMH, Hermes, and Ralph Lauren have all fallen due to the worries that China’s is economy and growing middle class is slowing down. Moreover, there have been research that suggests that China’s GDP growth is starting to slow down too. However, China still is a big market for luxury  brands. For example, the article mentioned that the luxury market grew around 23 percent last year. From my personal observation, I believe that the market for luxury goods in China will continue to grow despite the decline in growth of China’s GDP.

http://www.reuters.com/article/2011/09/29/luxury-stocks-idUSS1E78S1AA20110929