Sabah Daily

223 billion euros will be spent on luxury goods in 2014

223 billion euros will be spent on luxury goods in 2014

  • November 22, 2014
  • min read

Sabah Daily

223 billion euros will be spent on luxury goods in 2014

According to the 13th edition of Bain's “Luxury Goods Worldwide Market Monitor," the global luxury market shaped by international tourism and a stronger middle class grew by 5% in 2014. Luxury spending reached the GDP of the 38th largest economy in the world.

(Full article only available in Turkish)