Nelsons (Homeopathy) Charles, Prince of Wales announced a partnership between Nelsons and his Duchy Originals brand to produce a line of herbal remedies. He watched the first batch of products being produced and afterwards gave a speech to staff where he said he had great admiration for the company and had been brought up with their products. In 2009 Nelsons was named ‘Best UK Family Business, £25m+ turnover category’ in the Coutts Prize for Family Business 2008/2009. 2010 was the 150th anniversary of the founding of Nelsons, which was celebrated with a float at the Lord Mayor's Show in London. The Dublin
Chinese luxury shopping behaviour shopping channels, and price levels. Luxury goods companies are trying to improve their competitiveness with expanding their market geographically. They are oriented towards markets such as China, which currently is the biggest market for luxury and prestige brands from the Western industries. The number of Chinese consumers who can afford luxury goods is about 1.3billion (2012). Chinese consumers are increasingly brand aware, and they intend to invest in luxury fashion brands. Luxury goods companies have to cope with the challenge of cultural and purchasing power differences in China. According to Wong and Ahuvia: ´´The Western rationality inherent in most consumer