Alibaba is struggling to see the counterfeit far more aggressive than its Amazon online rivals, spending by CEO Swatch Nick Hayek.
In a full and exhaustive interview with CNBC, Hayek congratulated Alibaba for "actively fighting false", continued killing French as hostile Chinese luxury tourists, and praised the Chinese government for creating 1.3 billion active class consumers. purchase.
"If I look at what Alibaba," Hayek said in an interview with Geoff Cutmore CNBC on April 24 "they are trying to offer services to consumers and make money" to combat the viewer. "This, Amazon does not work." Hayek accused the "10,000 lawyers" of the United States of discouraging companies from participating in fraudulent police services. (Although the Seattle-based company filed a lawsuit against the so-called "bad actor").
According to Hayek, Alibaba distrusts somewhat of the foolish sellers. "The Chinese do it, they are against it." However, Alibaba has been criticized in the second place, Taobao electronic business platform described as "the famous market" by the United States commercial office.
There are no spectacular returns from luxury consumers in China
In addition, general manager Swatch denied that in the luxury sector there is a spectacular "spectacular return of Chinese consumers." "He did not come back, he's still here, he bought it somewhere else." In some cases, this means the middle market sector where Swatch is located. In terms of boosting spending, "the policy there, [in China] did the right thing."
Hayek admits that the cost of China's luxury in France, however, decreased. "[Chinese consumers], he is not very motivated to go to France, also French," he said. "You have to have a special way of dealing with strangers when they come to this country, but the taxi in Paris, you know what I mean." The country's terrorist attacks have also cooled the demand, "Hayek said.
US department stores are behind
Hayek also blames the experience of buying large American stores. The shopping centers in the United States are "broken ... but there are Asian countries where it has a good center and an emotional experience".
In the following year, CEO Swatch, best known for his cheaper fashion watches, says that his company will be rich in products in all price categories. "We are present in all segments, low, medium, high, prestige, whatever you want." (Currently the most expensive Swatch available in US stores throughout the commercial quantities to around $ 250, but the retailer Swatch and selected antique dealer selling the most expensive models, such as yellow 1985-86 Keith Haring for about 1,750 American dollars).
In the 2017 annual report, Swatch recorded a net increase in sales of 5.4% over the previous year, with sales growth of 12.2% in the second half and 14.9% in the fourth quarter.
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