The luxury labels coming out of Africa

The luxury labels coming out of Africa
 

Luxury labels from the African continent are expanding rapidly and some hope they will become the next generation of global household names.
The global luxury goods industry is worth more than $1.5bn (£1bn), according to research by global business consulting firm, Bain & Company. This market is expected to grow by up to 5% annually over the next three years.
The new wave of brands targeted at big spenders could mean brands from Africa might start competing with some of the best known labels in the world.
That said, a look at the top luxury goods companies shows European countries and... read more

 
4 March 2018 in World News, Views: 62
Source: BBC
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