Global Recovery of Luxury Market Will Take On New Trends

The global personal luxury goods market is set to rise six percent at constant exchange rates this year after a stagnant 2016, and the total market value is about to hit 262 billion Euros (USD$304 billion). The latest prediction is up from Bain’s mid-year forecast, which estimated a two-to-four percent growth of the sector to reach a total of 254 to 259 billion Euros by year-end.

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