Emerging markets still drive growth for luxury worldwide – CPP-LUXURY

See on Scoop.itLuxury World

According to Euromonitor International’s latest research on the global luxury goods market, luxury industry growth in 2013 came from the emerging markets of China, India, Indonesia and Malaysia, where continued urbanisation, economic development and the overall love of luxury have continued to bring a large proportion of consumers into the mainstream luxury market. t. From Mexico City to Shanghai to London, men are paying more attention to their appearance. This is especially visible in the emerging markets of Asia Pacific and Latin America. Whilst the world’s wealthiest consumers may be more discerning in their brand preferences, […]

See on www.cpp-luxury.com

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