Abstract
The luxury market is back and stronger than ever, growing at roughly 10-15%
annually.
With the number of global millionaires increasing to 8.2 million, greater
consumer confidence in the global economy, and line extensions that bring
high-end labels to the hands of mass consumers; future growth is a given for
luxury fashion houses that innovate. Growth will also be fuelled by the
numerous countries worldwide whose consumption for luxury fashion outweigh
both salary and available luxury options, and whose economies are growing
rapidly.
Use this new report, now in its second edition, to find answers to the
following questions:
- How is the market growing?
- Which regions will see the greatest increase?
- Who leads the market and how do they maintain their strong position?
- How are designers creating for the mass market i.e. Karl Lagerfeld,
creating for H&M?
- What are the next product, styling and fabric trends?
- Who are the designers to look for in the near future?
- Which advertising and branding strategies work best for this market?
- What is the future of the luxury apparel market?
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