The growing potential of luxury travel retail

Rolex boutique at London Heathrow As Deloitte?s latest Global Powers of Luxury report found, the world?s 100 largest luxury goods companies generated only $212 billion in 2015, down 4.5 percent year-over-year. Half of these luxury purchases, however, are made by travelers, a number that rises to 60 percent for those coming from emerging markets. ...

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