French beauty and spa product house Sothys is the latest supplier looking to benefit from the growing Asian luxury market, with the opening a new flagship store at The Venetian Macao hotel in Macau, China.
Forming a part of Sothys’ expansion into the Asian market, the store will have the dual purpose of a retail store and a small day spa. A single treatment room and fully trained staff will offer customers a range of Sothys facials and skin treatments.
The Asian luxury goods and day spa markets are currently in the middle of a growth period – with the Chinese market doing particularly well.
The growth is being driven by China's expanding middle class, which is predicted to influence not just the Asian market but the growth of global luxury markets too.
According to the
Bain Luxury Study 2017, by analysts Bain & Co, the luxury goods market – which includes luxury spa and beauty brands – is expected to grow by up to 4 percent during 2017.
