By  on July 29, 2013

Shoppers in emerging markets such as the Middle East and China are increasingly gobbling up European fashion and luxury goods in their home markets — and from a young age.

In the United Arab Emirates, teenagers spend $100 a month on clothing and accessories, more than six times the global average for their peer group, according to a recent report by Chalhoub Group for Walpole, which represents Britain’s high-end industries.

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