Consumption Is King

Tapestry, the U.S. luxury fashion company famous for its brands including Coach and Stuart Weitzman, received much attention at the First China International Consumer Products Expo (Hainan Expo) in Haikou, capital of Hainan Province, on May 7-10. It presented new products made from recyclable materials, which were designed specially for the event.

“The expo is an innovative platform bringing together high-quality products and services from all over the world. It brings an important opportunity to showcase our brand concepts, expand market channels and innovate consumer trends,” Yann Bozec, President of Tapestry Asia Pacific, said. “The constant upgrading of Chinese consumer demands and rising standards have generated new trends and market opportunities, becoming a powerful driving force for the global market.”

Starting to tap into the market in Hainan in 2014, the company has built