US to Lead a Global Resurgence of Luxury Goods in 2014
2014 will be a defining year for the luxury goods industry, states Fflur Roberts, Head of Global Luxury Goods Research at Euromonitor. The US will lead the way in growing the luxury goods market, fueled by the fastest economic growth in two years. Middle class confidence is expected to return to the country and many consumers whom abandoned luxury goods are expected to return to the industry.
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