NEWS EVENTS

We are happy to announce that the first FAUCHON store has opened in Beijing last june 2007.

Chinese market news:

China has become the world’s leading furniture export country, with an export volume of US$13.77 billion in 2005.

Due to the stable demand from China’s growing domestic markets and international sourcing activities, China’s furniture industry experienced the rapid expansion for 5 years. Now redirecting focus on quality production the industry is preparing to enter a new level and to leverage potential in the middle – to high – quality range – a trend that should lead to a second boom.

A new IPSOS study of the Chinese Market has show us that China is now the third luxury market of the world.
- Already more than 300 000 billionaires in US dollars
- 5 millions of Chinese have more than USD 30 000 per month