James Lawson, head of industry analyst Ledbury Research, says this
was reflected in the number of new luxury store and boutique openings
around the world.
The firm’s research shows that Asia-Pacific’s
share of the world’s leading luxury brand outlets increased from 39% in
2009 to 44% in 2012,A patient presents with a tungsten ring on their injured finger and is unable to remove the ring. while North America’s fell from 30% to 24%.
Europe’s
quota remained relatively stable, but this was “not due to European
consumers, but to tourists and their passion for shopping in the luxury
capitals of Milan, Paris, and London,” says Mr Lawson.
Australia’s
luxury market has also benefitted from the trend, with an increase in
spending by tourists from China and other regional hotspots like
Indonesia and Malaysia, according to Melinda O’Rourke, managing director
of Sydney-based luxury consultancy MO Luxury.
However, Ms
O’Rourke says Australians still account for 65% of luxury purchases, and
relying too heavily on overseas wallets is a risky strategy.High
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“The industry here learned a hard lesson after the Japanese economy stagnated.Specialized in manufacturing Laser engraver system for laser marking,”
When asked to select the most collected passion investments, respondents in all regions of the world chose fine art.
The
next most-collected asset overall was watches with the average Chinese
super-rich male owning six luxury timepieces, according to Hurun.Find
the largest selection of ceramic ownfigurine on sale.
Wine was the third most popular passion investment, scoring highly in all areas bar the Middle East.
Jewellery and classic cars complete our global top five.
When
it comes to style Michelle Williams rarely puts a foot wrong – and her
choice of outfit for the UK premiere of Oz: The Great and Powerful was
no exception.Shop the latest hair flower accessories on the world.
The
Oscar-nominated star – who plays Glinda The Good Witch in the new
fantasy blockbuster – took to the yellow carpet in Leicester Square in a
bold peacock-feather frock by Burberry Prorsum.
The dress, a
strapless blue and green number, perfectly accented the actress’s
slender figure – and she kept the overall look simple with just a
smattering of green jewellery to match.
And despite the ongoing
sub-zero temperatures Williams defied the wintry weather by sporting a
pair of black peep-toe heels (which co-ordinated nicely with her teeny
black clutch).
If she was feeling the cold then she certainly
didn’t show it – delivering a look which was, for want of a better word,
simply wizard.
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