October 21st, 2014, 11:46 AM #1
Euromonitor forecasts luxury goods sales at $405B by 2019
I found this article and thought it's worth sharing it here:
"The luxury industry will remain strong in the years to come, asserts Euromonitor International’s latest report."
"The United States remains the largest luxury goods market with $78 billion spent on luxury items in 2014. Luxury spending in the U.S. is nearly double that of Japan, the second place country. However, Western Europe is the region with the most spent collectively on luxury items with $113 billion in sales last year."
“In Bangkok, growth in Chinese travel and tourism has fueled a boom in the development of luxury shopping centers, for example,” she said.
Are sometimes overspending on luxury goods? Sometimes I wish I could buy all these Gucci and D&G bags, clothes etc. But on the other hand I know that lots of people have to suffer for not having enough food and then I can only say that I am really happy with my life and actually quite satisfied!
October 22nd, 2014, 03:53 PM #2
Re: Euromonitor forecasts luxury goods sales at $405B by 2019
The best things in life are free. All the second best things are very expensive.
- Mlle Chanel
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