MAPIC: 'Phenomenal' growth in Asian tourism drives luxury retail in Europe

By A staff reporter 2012-11-15T00:00:00

The strong growth of tourism from Asia, particularly China and India, is a key driver of the outperformance of luxury retail in Europe, David Hutchings, head of research at Cushman & Wakefield EMEA, told a panel discussion at the Mapic retail fair in Cannes this week. 'The growth of the ...

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