News

Luxury goods market to reach $285 billion this year

16/05/2013

Spearheaded by growth in leathergoods, the global market for luxury goods is expected rise between 4% and 5% this year to $285 billion, excluding currency shifts, according to Bain and Co. The consultancy says the slowdown in Europe will be offset by a growth in Southeast Asia and the US, and the overall rate is similar to last year. The...

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