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|CHINA’S luxury market is the fastest growing in the world Frank Thomas Youth Jersey , set to rise an astounding 15 percent annually thanks to renewed confidence, middle class acceleration, and consumer sophistication.
This comes amidst accelerating growth in the global luxury market, which is expected to add 5 percent to an estimated 1.2 trillion euros (US$1.4 trillion) in 2017, a recent study shows.
Chinese consumers, who are increasingly fashion-savvy, are boosting sales in local markets, which are expected to reach 20 billion euros this year, with contribution to global luxury buying by them estimated to represent 32 percent of the overall market in 2017.
The core market for personal luxury goods reached a new record high of 262 billion euros, boosted by a return of Chinese buying both at home and abroad as well as stronger purchasing trends in other regions, according to the “Bain & Company Luxury Study” released in collaboration with Fondazione Altagamma, the Italian luxury goods manufacturers’ industry foundation.
“We started to see stronger momentum in the first half of the year, and this has continued in recent months, allowing the market for personal luxury goods to really regain its luster,” said Claudia D’Arpizio, a Bain partner and lead author of the study.
“The growth in this market is more robust, driven by increases in volumes rather than prices and a rediscovered balance between tourist purchases and re-ignited local consumption,” she added.
The positive growth in the global market is set to continue at around 4 to 5 percent annually in the next three years, with the personal luxury goods market seen to reach 295 to 305 billion euros by 2020.
Bain estimates online sales for personal luxury goods to take 25 percent of the market by 2025, with stores still accounting for 75 percent of purchases.
LOS ANGELES, Nov. 6 (Xinhua) -- Those who struggle in social situations may be at greater risk for mental and physical health problems, according to a new study from the University of Arizona, which is among the first to link social skills to physical, not just mental, health.
"We've known for a long time that social skills are associated with mental health problems like depression and anxiety," study author Chris Segrin, head of the UA Department of Communication, was quoted as saying in a news release.
"But we've not known definitively that social skills were also predictive of poorer physical health. Two variables -- loneliness and stress -- appear to be the glue that bind poor social skills to health. People with poor social skills have high levels of stress and loneliness in their lives," said Segrin.
The study, published recently in the journal Health Communication, is based on a survey of a nationally representative sample of 775 people, age 18 to 91, who were asked to respond online to questions designed to measure social skills, stress, loneliness, and mental and physical health.
The research focused on four specific indicators of social skills, including the ability to provide emotional support to others; self-disclosure, or the ability to share personal information with others; negative assertion skills, or the ability to stand up to unreasonable requests from others; and relationship initiation skills, or the ability to introduce yourself to others and get to know them.
Study participants with poor social skills tend to experience more stress and loneliness, both of which can negatively impact health, researcher says.
While the negative effects of stress on the body have been known for a long time, loneliness is a more recently recognized health risk factor.
The good news, Segrin says, is that social skills have proved to be amenable to intervention. Unfortunately, however, many people who have poor social skills don't realize it, Segrin said.
TEHRAN， March 11 (Xinhua) -- At least seven people were killed in the northwestern Iranian province of Ardabil in a blast of the homemade fireworks and explosives， Press TV reported on Saturday.
The explosion occurred in a residential building in a district in Ardabil a few days before the Chaharshanbe Suri， the Iranian festival of fire， Ardabil's chief prosecutor， Nasser Atabati， was quoted as saying.
The explosion happened due to the carelessness of a teenager while he was producing handmade fireworks and explosives inside the residential building.
Some materials used for the production of explosives were found beneath the rubble， Atabati said.
The teenager killed himself and six other family members， he said， adding that four others were injured， with one in a critical condition.
Chaharshanbe Suri is an Iranian festival celebrated on the eve of the last Wednesday before Iranian new year， or Nowruz. During the Chaharshanbe Suri celebrations， Iranians traditionally jump over bonfires and set off firework.
This year's Nowruz falls on March 21.
The Mango Prepaid MasterCard is issued by Inter National Bank. It is designed for individuals with a damaged credit report. There is no credit check.
Your card will be accepted online and over the phone. You can also use it to; book hotel accommodations, reserve airfare, and even purchase gas at the pump. However sometimes there is a monetary amount a retailer may hold against your account.
For example when you purchase gas at the pump the retailer may hold $50.00 against your account until the transaction clears on their end. This will only happen if you choose credit instead of debit when you pay.
How to Load Money
There are a number of methods available to fund your card. The most common is using direct deposit, which is free to use. Additionally you can visit a retailer such as; Wal-Mart, K-mart, CVS… and deposit cash.
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