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by lern_too_spel 2689 days ago
They're both in the luxury fashion market in China.
2 comments

The population of people who can justify a $1k scarf is a small portion of the population who can justify $1k for the object they use for almost everything, even in China.
You can buy a scarf that works just as well for much less, and you can buy a phone that works better for Chinese consumers for much less. The reason to buy an iPhone or a Hermès scarf for a Chinese consumer is fashion.
Apple is not quite a luxury good. Hermes is. They are definitely in different categories.