New laps of luxury: High end apparel boosted by established, emerging markets
from Women's Wear Daily
If it is good to be rich, it is just as good to be a business that caters to the sector. The luxury apparel market is alive, well and growing worldwide. "The mood is positive," says Planet Retail's Isabel Cavill, senior retail analyst. "The key driver of growth is ultimately from emerging markets as well as affluent U.S. shoppers."
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