Luxury goods: from the swan song to the rebirth of the phoenix?

According to a Bain & Company worldwide luxury goods study, market revenue will grow by seven percent in the final three months of 2012 versus the same period in 2011. Accessories have become the new central category of the segment. Chinese consumers will continue to be voracious in both their household purchases and touristic plans. Among young people, access and uniqueness is valued above exclusivity.

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