The House That Fashion Built

The Burj Khalifa, which houses the Armani Hotel Dubai | Source: Armani

Some of the world’s largest fashion brands are creating branded hotels and private residences as well as the homewares to fill them, tapping easy additional revenue streams and constructing powerful brand beacons in emerging markets.

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Led by China, New Markets to Continue to Drive Luxury Growth, Says Report

Prada Store in Chengdu, China | Source: Prada

The European luxury goods sector will continue to expand over the next five years at 6-7 percent, with the majority of growth driven by consumers from new markets, revealing just how dependent the sector has become on emerging economies.

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