Luxury market should grow 2% in 2014

The luxury market must once again register a low growth in 2014, only 2%, according to the forecast of the consultancy Bain & Company and Italian luxury industry association Altagamma. If you confirm, the performance will be the same as of 2013. The indexes are far from the double-digit increment in between 2009 and 2012.
The United States are the main driver of growth in the luxury market, due mainly to purchases of foreign tourists. Another country is Japan, which is ready for a solid jump, but still is punished by the unfavourable exchange rate, according to the study.