No crisis on the luxury goods market

The Bond Street in London is the most exclusive shopping street in Europe, followed by Avenenue Montaggne in Paris, while the third is in Moscow: the Stoleshnikov Lane. According to Jones Lang LaSalle's study, the recovery from the financial crisis is faster than expected on the world market of luxury goods.

Jones Lang LaSalle's, European, Middle Eastern and Asian retail team manager Robert Bonwell told: “On the retail market the luxury products are the most international, because the world brands apply global strategy. Most brands currently focus on the Asian and emerging markets expansion to develop a new consumer class from the people with high-income, who are wishing to have luxury goods – reports portfolio.hu.