Top European Streets for Luxury Retail

September 16, 2011

elite-shopping

Magnus Danneck, German Marketing Team Leader at Jones Lang LaSalle, shares the key insights from their recently released study of Europe’s most important luxury shopping destinations

The global market for luxury goods has emerged from the financial crisis significantly faster than expected, according to a study of Europe’s most important luxury shopping destinations by Jones Lang LaSalle, focusing on the 100 most renowned luxury brands and their presence in Europe’s metropolitan centres.

James Dolphin, Head of EMEA Retail Agency at Jones Lang LaSalle, commented that “despite booming online offerings, retailing on Europe’s most prestigious high streets remains a very important success factor for the luxury segment. After two years of subdued spending, luxury retailers are responding to the return in consumer confidence with healthy expansion plans. Increased demand for prime space in the best locations is forcing rents up. Other retailers are also looking to benefit from the proximity to famous top-level brands, and this additional demand for scarce showroom space is placing even more pressure on premiums.”

Source: LuxurySociety.Com

Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?