Sector: Apparel Accessories and Luxury Goods

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Any pull back in spending by wealthy Chinese could spell disaster for the luxury goods industry, which is looking to China for growth as markets in Japan and Europe slow.

The fashion conscious in this country of 50 million people will be able to shop for designer items alongside instant noodles at their local Seven-Eleven convenience store during the New Year's holiday season.

Divorced couples sometimes have to see each other at work. Some share ownership of a business but communicate only through lawyers and underlings. Others go on 300-day international stadium tours together.

Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields,  hedge fund failures and an election defeat for President Obama.

Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans, and stiff penalties and long prison sentences for those found trafficking in or purchasing such goods. What are some in-demand luxury goods that have been banned?

Contrary to what might be a popular perception, men and not women make up the bulk of consumers buying luxury goods in China.  Over the past 12 months, Chinese men on average spent 61 percent more than women on fragrances and 52 per cent more on watches, according to McKinsey.

Tiffany gave a holiday quarter profit outlook that missed Wall Street expectations, and signs that the recent torrid pace of its sales gains is slowing sent shares lower on the day.

Rarity, complexity and condition make all the difference when looking for a luxury watch. But while there are major gains to be made, it takes a good eye to know the difference between a clever investment, and a waste of time.

Global brands must localize . No longer does simply transporting what worked in the Western world to markets like China work. 

Wealthy Americans may appear to the masses as a unified group, but there is divergence in the attitudes of the rich toward holiday spending this year – which means that the key to how the holiday season unfolds may rest in the hands of the wealthiest.

One way to ride the surge in China’s wealth is to invest in stocks of luxury brands, say analysts. Here are some of their top picks.

Too many people are beginning to own a Louis Vuitton in China. which is eroding the luxury brand's exclusivity.

Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.