Euromonitor International’s latest research on the global luxury goods market indicates another solid year’s performance for 2013. Driven mainly by strength in emerging economies, overall retail growth is set to be stronger than in 2012, with luxury goods sales to exceed US$318 billion worldwide. This will represent a year-on-year real value gain of over 3% … Read more
Bain Projects Global Luxury Goods Market Will Grow Overall by 10% in 2012, Though Major Structural Shifts in Market Emerge Strong Holiday Sales Will Cap Off Strong Performance in 2012 Worldwide luxury goods market revenues will grow by seven percent in the final three months of 2012 versus the same period in 2011, culminating in full … Read more
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