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Luxury brands seen eyeing expansion in emerging cities

Besides the usual suspects, Wealthinsight includes Mexico City, Istanbul, Tel Aviv and Lagos in its list of 10

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Shoppers at the Antara Mall in Polanco, Mexico City. Cities with smaller luxury markets such as Lagos, Kuala Lumpur and Ho Chi Minh City are the ones to watch, says the report.

Singapore

MOVE over, Singapore. Sales may be cooling down in our glass-plated designer mega-stores, but luxury marques can make up for the decline by muscling into new emerging cities, many of which are in neighbouring South-east Asian countries.

According to a new report by

sentifi.com

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