The middle class pulled the luxury industry out of the crisis

By: trademagazin Date: 2011. 01. 04. 12:16

The luxury industry was able to recover faster than expected, and after the crisis-hit 2009, last year, the turnover increased by 15 percent ie. 1 billion euros, including the services – such as the luxury trips – as well.

According to the Monday published compilation of the Boston Consulting Group (BCG); in addition the growth is not primarily due to the high society, the members of the middle class are increasingly attracted to luxury: 54 percent of the luxury items – exclusive clothes, shoes, perfumes – were purchased by the middle class people – reports tozsdeforum. hu.

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