A new research report published by Transparency market Research on the global luxury goods market states that the rising number of high net-worth individuals across the globe will drive this market despite the economic turbulence. According to the market research report, titled “Global Luxury Goods Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020”, the global luxury goods market is expected to grow at a CAGR of 3.40% from 2014 to 2020.
Luxury Goods Retailing in Europe, 2014-2019 ; Market and Category Expenditure and Forecasts, Trends, and Competitive Landscape is a new market research publication announced by Reportstack. Luxury goods retail sales in Europe generated US$116.4 billion in 2014. Many European countries are popular as tax free shopping destinations among tourists. Shoppers from other regions prefer to buy luxury products in Europe to save on huge import taxes. Chinese and Russian tourists are the biggest spenders, however, i
The Rise of Luxury Goods in Emerging Cities 2019 is a new market research publication announced by Reportstack. The world economy is experiencing a strong shift towards emerging markets, and the luxury industry is no exception. Driven by a strong desire to show off financial stability and success, luxury brands and wealth in emerging markets have become inseparable. The luxury market size of the 10 selected cities was estimated at US$29.41 billion in 2014. As the global economy continues to shift towards e
The report, titled, ‘Global Luxury Goods Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 – 2020,’ pegs the market to report a modest 3.4% CAGR through its six-year forecast period. While the market was valued at US$296.1 billion in 2013, it is forecast to stand at US$ 374.85 billion by the end of 2020. The luxury goods market has been witnessing major growth due to the addition of new high net-worth customers.. A major transformation has happened with regard to lifestyle of weal
Wearable Tech Startup Closes Seed Round to Bring Luxury Smart Jewelry Line to the Market for Women
Luxury Goods Market in China 2015-2019 is a new market research publication announced by Reportstack. Luxury goods are non-essential goods that are indicative of higher social and cultural status. Purchasing luxury goods depends on affordability, income and assets. The demand for these goods is proportional to the increase in the disposable income. These goods are often purchased as a status symbol worldwide.
The Jacques Fath brand reemerges after almost half a century with a beautiful accessories collection, which will be available for purchase in high-end boutiques across the U.S. and Europe this Spring.
Babatude Boutique launches their online store (www.Babatude.com) with a collection of vibrant, unique, handmade, often eco friendly and personalised products from around the globe. All products have been lovingly sourced with some of the hottest youn
Discover new trends and luxurious style that acquires a taste for the finer things. It's a 360 degree glimpse into the latest, hottest and all around innovative finds, must haves and wants' for the season.