The Asian demand increases the luxury industry’s revenues

The biggest luxury brands measured a two-digit growth rate in Asia, mainly in their sales in China. A significant growth is expected for the entire year.

The European-based luxury brands reported about excellent semi-annual performances from Asia. The demand for luxury goods in the emerging markets, mainly in China increased the sales and revenues of  such luxury brands as Louis Vuitton, Dior, Givenchy, L’Oréal and Fendi in the first six months of the year. (Világgazdaság Online, Andó Patrik)