No 1, Chanel
9.5 percent female respondents' gift choice
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| A woman shops for handbags at a Chanel luxury boutique at the IFC Mall in Shanghai in this June 4, 2012 file photograph. Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in three years. Overall spending by wealthy Chinese fell by 15 percent and gift-giving fell by a quarter in 2013, the third consecutive year of decline, according to a survey by the Hurun Report. [Photo / Agencies] |
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