By  on January 24, 2017

The global luxury market is undergoing a structural change with too many luxury stores across Asia, not enough in most U.S. cities and a consumer who is both moving toward experiences and relying more on digital technology.

That’s the conclusion of a new study by The Boston Consulting Group and Bernstein, the research arm of Alliance Bernstein. The study draws its key findings from BCG’s proprietary Metroluxe Index, which checks luxury sales by city, and the Bernstein Proprietary Luxury Store Database, which maps global luxury retail environments by store and information on 7,000 stores across 36 luxury brands.

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