Luxury Goods Retailing In Europe- Market And Category Expenditure And Forecasts Trends And Competitive Landscapeis Projected to Reach at a CAGR of US$38.4bn.

Summary

The Luxury Goods Retailing in Europe, 2013-2018 report, published by Conlumino, provides an analysis of current and forecast market data of luxury goods retail sales in Europe including market sizes in each country and category analysis. In addition, it highlights the largest and fastest growing markets for the luxury goods categories, covers key trends influencing the markets, with an emphasis on leading retailers and lists key mergers and acquisitions in the region. Also provides market shares of key luxury goods retailers in the region and provides a focus on LVMHs brand expansion and growth strategies.

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Key Findings

Despite economic and political instability, the luxury goods market remains strong, driven by growth in tourist spending between 2013 and 2018 it will grow by US$38.4bn.

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The UK will emerge as the largest market for luxury retailing by 2018, surpassing ItalyClothing remains the key category in most luxury markets across Europe, accounting for 24.2% share in 2018, driven by the demand for new designers apparels from young fashion designers and international brandsJewelry is the fastest growing luxury category as it has an added advantage of being considered asset amongst individuals, particularly for those affected by the recession, the upper middle class, HENRYs (high earners, not rich yet), and tourists from developing economies
Techno-luxury in wearables and use of new in-store technologies to enhance consumer experience, are some of the new trends in luxury retailing

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Synopsis
Provides a comprehensive view and data on the luxury goods retail landscape in Europe, including current market sizes and category forecasts to 2018; and highlights the regions fastest growing markets for the categories. Also provides market data by categories and penetration of luxury retail sales in total retail sales.
Details market size forecasts for each country in Europe, and features major luxury brands, mergers and acquisitions and luxury retail trends
Provides analysis of LVMH brand expansion and growth strategies, including brand acquisitions of key brands over the years
The report covers 24 countries in Europe including Turkey

ReasonsToBuy
The report provides an essential overview of the luxury goods retail market, highlighting the largest and fastest growing markets across Europe
Provides analysis of the latest trends, market dynamics and key innovations in the luxury goods retail space
Identifies the largest and fastest growing markets in each categories
Benefit from a detailed analysis of key trends influencing the luxury goods retail market
Monitor the competitive landscape, with analysis of key players across Europe and their market shares

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