Tag: Luxury Goods Worldwide Market Study Fall-Winter 2015
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Currency fluctuations and globe-trotters boost the personal luxury goods market, but real growth slows, says study
The worldwide luxury industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% year over year (at constant exchange rates), driven primarily by luxury cars (8%), luxury hospitality (7%) and fine arts (6%), according to the 14th edition of the Bain Luxury Study, published by Bain & Company for…