World's super-wealthy spend their riches on luxury travel adventures | Business | The Guardian
"They are drawn to instant pleasure and lavish experiences – helicopter snowboarding in Alaska or a weekend shopping spree in Paris."
...BCG says the growth of the middle class in emerging markets such as China, Brazil and Russia will boost the global luxury market. Big cities in the these nations are becoming powerful luxury hubs and their residents are a shopping force abroad, with the group dubbed "international travelling consumers" making their presence felt in the boutiques of shopping destinations such as London and Paris.
Affluent Brazilians, for example, are making an impact far beyond their own shores, bolstering property markets in Florida and buoying luxury retailers in Miami and New York.
No comments:
Post a Comment