The luxury industry can expect record revenues

The international luxury industry expects record revenues for this year, the. According to the survey of the dominant industry analyst, Bain and Company; this year the revenue of companies, that are manufacturing luxury goods will increase by 10 percent, reaching 191 billion euros.

The demand for luxury goods is increasing especially in emerging countries, China, India, Brazil and Russia are expanding, but the growth has started in Europe and in the United States as well.

Analysts pointed out: the Chinese domestic and foreign acquisitions made up almost 20 percent of the global luxury market – writes tozsdeforum.hu.