Franz in Global Fashion
The annual list of “25 Influential Chinese in Global Fashion” was unveiled by Forbes China, the Chinese-language edition of Forbes, in Shanghai in 2012.
Franz Chen, CEO of Franz Collection Inc., was honored to be on the list, which is an achievement that not only shows Franz has successfully tapped into the global market, but also proves Franz’s over six thousand retail stores have garnered universal acclaim.
Forbes’ statistics show that the annual sales of fashion goods are increasing by 15% to 20% in China, one of the fastest growing regions around the world in consumption of fashion goods.
It is estimated that consumption of luxury goods in China will account for 20% of the global luxury market in 2015.