The luxury apparel segment has grown globally at a pace of almost 15% a year since 2003, far outstripping the growth rate of more mainstream apparel sectors, according to a new study by Research and Markets-they’ve has announced the addition of the “Global market review of luxury apparel, forecasts to 2014” report to their offering. This apparent contradiction of basic macroeconomics is due to changes in human behavior, as well as a convergence of trends and tastes of many disparate cultures. As a result, the luxury apparel sector has adapted to this and proactively sets the trends for the rest of the industry. There are many aspects to this dynamic market, such as the strong polarizations of new buyers in certain product types. Because of this, the report analyzes several subdivisions of the market such as footwear and apparel; apparel is further subdivided into clothes, outerwear, formalwear, denimwear, lingerie, and other types as needed to give the best possible view of the market’s historical and extrapolated trends. This third edition report provides a comprehensive analysis of the luxury apparel sector, including the latest, strengths and challenges of the market, a review of the major players and the global market landscape, and market values 2003-2014 by sector for the key regions. Chapter coverage includes main players (key company information and data is provided for Bulgari, Burberry, Calvin Klein, Chanel, Christian Dior Couture, Coach, Compagnie Financiere Richemont, Escada, Giorgio Armani, Gucci, Polo Ralph Lauren, Tiffany & Co. and Versace), company case studies, trends to watch, and market landscape.
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September 18, 2008Estate of the Day: St. Barths
