S&P takes a hard look (.pdf) at the global luxury market, forecasting 10% growth this year...

|By:, SA News Editor

S&P takes a hard look (.pdf) at the global luxury market, forecasting 10% growth this year to €200B ($269B) led by a 20% jump in Asia and a bounce back in the U.S. Though analysts call for a deceleration in subsequent years, they expect growth to outpace consumer goods with sustaining demand from China. Luxury retailers looking to shine: TIF, COH, RL, ULTA.