Brazil luxury market

Developed countries remain by far the largest spenders on personal luxury: study

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Luxury Remains Resilient in the Face of Economic Turbulence  Affordable luxury – important ballast to growth in cash-strapped developed markets Driven mainly by strength in emerging economies, overall retail growth in 2012 is set to be stronger than in 2011, with luxury goods sales expected to exceed US$302 billion worldwide. This represents a year-on-year real … Read more

A “strong vote of confidence” in Brazil’s leading online fashion retailer

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J.P. Morgan Asset Management Invests USD 45 Million in Brazil’s Dafiti J.P. Morgan Asset Management, a global leader in investment management with assets under supervision of approximately $2.0 trillion and assets under management of $1.3 trillion, will invest USD 45 million (R$90 million) in Dafiti, Brazil’s largest fashion e-commerce retailer. Launched in January 2011, Dafiti … Read more