South Africa is basking in record sales of luxury goods, a trend in complete contrast with the rest of the world where a steady decline in retailing is evident.

Luxury items, including leather goods, watches, clothing, jewellery, perfume, champagne and cognac are being snapped up by rich tourists taking advantage of the weak rand to buy leading brands. The industry has also benefited from the spending power of rich black consumers who are the dominant buyers of leather goods and menswear.

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