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China-based fund manager Scilla Huang-Sun thinks luxury brands in China can hold their own as...

Mar. 07, 2013 10:40 AM ETThe Swatch Group AG (SWGAY) StockTPR, EL, RL, BURBY, CFRUY, SWGAY, CPRIBy: Clark Schultz, SA News Editor
China-based fund manager Scilla Huang-Sun thinks luxury brands in China can hold their own as the number of millionaires in the region continues to rise despite whether or not the nation's overall growth rate is in the single digits. Though the ride is sure to be bumpy, high-end sellers with a strong brand should prosper. Her favorite sector pick is Prada. Others to watch in China: Swatch (OTCPK:SWGAY), Estee Lauder (EL +0.1%), Richemont (OTCPK:CFRUY), Michaek Kors (KORS -2.3%), Coach (COH -0.8%), Ralph Lauren (RL +0.6%), Burberry (OTCPK:BURBY).

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