Analyst predicts luxury goods growth of 6% for next year
10/07/2008
London-based Deutsche Bank analyst Jamie Isenwater has predicted that the European luxury goods market will grow by 7.1% this year and by 6% in 2009.Stock market turmoil has affected companies specialising in high-end leathergoods and other luxury items and Mr Isenwater said growth is becoming more difficult to achieve, and that there are fears...