DRIVEN BY STRONG REBOUND IN CHINA

DUBAI REMAINS STABLE AS GLOBAL PERSONAL LUXURY GOODS MARKET POISED TO GROW BY 6-8 PERCENT TO €276-281B IN 2018, DRIVEN BY STRONG REBOUND IN CHINA
June 23, 2018
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DUBAI REMAINS STABLE AS GLOBAL PERSONAL LUXURY GOODS MARKET POISED TO GROW BY 6-8 PERCENT TO €276-281B IN 2018, DRIVEN BY STRONG REBOUND IN CHINA

The luxury market is on a tear halfway through 2018. A positive trend across all regions is set to drive this market higher by 6-8 percent (at constant exchange rates) this year to reach €276-281 billion. “China” and “millennial state of mind” remain the buzzwords in an industry that could reach €390 billion...

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