India’s rich to quadruple wealth in four years as ranks of multimillionaires grow
A sixth more people are worth at least £2.2m than a year ago and demand for luxury goods is on the rise
luxury market
Top 10 luxury brands make exclusivity a priority over ubiquity in 2014.
Consumers felt entitled to buy luxury again. Top 10 luxury brands The value of top 10 luxury-goods brands surged 16 percent to $111 billion, according to the 2014 BrandZ study published by research company Millward Brown. The luxury category brand value rose 16 percent, following a 6 percent rise a year ago.The strong performance illustrates both … Read more
Luxury Market in Brazil – The Brands Speaking Portugese
In the everybody is talking about the growth of the BRICs , the group that consists four countries: Brazil , Russia , India and China who have undergone a great development in the last twelve years. China emerged immediately by its disproportionate amount of people who are potential customers (and real) luxury goods. Brazil, has a … Read more
Global retail growth driven by luxury brands
Around the world, the retail market rebounded in the first half of the year, with international and luxury brands expanding to new markets and high street properties growing in popularity, according to a new report from Colliers International. The 2013 Global Retail Highlights Report indicates increasing sales around the world, growing rents in highly coveted … Read more
BRIC countries to account for more than 35% of projected luxury global sales over the next five years
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
Luxury brands stay strong: Interbrand’s 2013 Best Global Brands
Interbrand’s 2013 Best Global Brands. The luxury sector. Despite the fact that China’s GDP growth has slowed, luxury brands performed solidly in this year’s Best Global Brands ranking by Interbrand. Seven of this year’s 100 most valuable brands hail from the luxury sector, and each increased its brand value by five percent or more. The top … Read more