UK must do more to welcome Chinese: Fashion chief

By Li-mei Hoang and Ethan Bilby

February 17, 2012 2:51 PM EST

Yin Qi Du adjusts her cream Gucci bag as she waits for the Selfridge's assistant to bring out another designer handbag for her perusal.

She inspects it carefully, admiring the leather, the workmanship and discreet logo before shaking her head. It's not quite the color she was looking for.

Like many young Chinese shopping on the British high street, Du arrived in London to study. But unlike your average student, she's not pinching pennies--she's here to spend, and spend big.

British Fashion Council Chairman Harold Tillman said on Friday that Britain should be doing more to encourage Chinese shoppers like Du to visit, and more importantly shop in, the capital.

"We're going to cut through the difficulties the Chinese are undertaking to obtain a visa to this country," Tillman told Reuters at the kickoff to London Fashion Week.

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He has been asked to lead a committee that is tasked with finding a solution to the delays in visa applications for Chinese visitors to Britain, where only one visa is granted for every nine that the French government issues.

"There is a percentage, multi-billion pounds worth of more shopping we can create here," he said. "It's something I'm really keen to do."

As Europe tightens its purse strings in response to a euro zone debt crisis, Chinese consumers are inadvertently stepping in to help buoy the European economy.

The average spend of a Chinese customer on a single transaction in London during January to October last year was 1,058 pounds ($1,700), 10 times the average spend of the equivalent British shopper.

HEY BIG SPENDERS

Wearing a dark grey jacket embellished with feathers and black trousers, media student Du represents a growing army of Chinese shoppers in London who are mad for British brands.

"I love Vivienne Westwood and Burberry...they really have their own unique style," said Du.

Money is no object for many Chinese shoppers, who have become a common sight strolling the polished floors of posh London department stores such as Liberty, Harvey Nichols and Harrods.

"The Chinese have proven to have an insatiable appetite for luxury goods and will go to great lengths to own the latest bag, coat or watch," said Julia Carrick, chief executive of Walpole, the organization representing the British luxury industry.

Copyright 2012 Thomson Reuters. All rights reserved.
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