Chinese & Russian still 2012 shopping champions

According to UNWTO, the expenses of the Russian tourists during their stay out of Russia have increased by 15%, ranking second spenders after the Chinese. The later seems to be losing control in luxury boutiques with a 30% increase and more. The Russian also prefer to spend their money at the up-market stores to buy luxury brands. In Austria, the average Russian spend 460 EUR per visit in boutiques when the European will be 350 EUR. This has to do with the heavy custom duties in Russia (some 20% + 18%VAT) and the big part of counterfeits in the store (even in the brand stores). The prices are so high that to buy two suits, one has rather fly to Milan, spend one night, buy 2 suits and yet save money, while being sure to buy quality cloths.

rm consultants russia have been monitoring the Russian market on a daily basis for 16 years thanks to their offices in Moscow and Saint-Petersburg. Their team is at your disposal for any one shot, middle or long term mission to help your company develop its sales in this still growing market. Be sure not to miss the Russian market workshop in Moscow on 19.03.2013 and the Chinese market workshop in Hong Kong on 23.09.2013 and Chengdu on 24.09.2013 on the eve of the PTM 2013. You can get a consultation by liaising with our sales office in Paris at rmconsultwww@gmail.com.