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Why Luxury Travel Brands Should Pay Attention to High-End Retail Trends

Laura Powell

Skift Take

International spending on luxury goods often tracks movements in worldwide travel. A recent report sheds light on how travel and high-end shopping are intertwined.

Deloitte’s “Global Powers of Luxury Goods 2017” examines the world’s largest luxury goods companies based on consolidated sales. While travel purveyors are not included in the study, in this case by design, many of the findings of the report are relevant, particularly for industry players keen to woo free-spending international shoppers. According to Deloitte, “Consumers in emerging markets continue to drive luxury market growth. In China, Russia and the United Arab Emirates, the percentage of consumers cla

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