An employee inspects a display of Mont Blanc watches at the luxury-goods company's new store in Beijing January 5, 2012. China will account for 20 percent of the global luxury market by 2015, with spending in the country nearly tripling to $27 billion by that year from around $10 billion in 2009, according to consulting firm McKinsey & Co. The luxury-goods industry has recovered strongly from its worst slump in decades, thanks largely to buoyant demand in Asia. REUTERS/David Gray (CHINA - Tags: BUSINESS)