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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

Published Tue, Oct 6, 2015 · 09:50 PM

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 research group Wealthinsight, Bangkok, Jakarta, Kuala Lumpur and Ho Chi Minh City are among 10 emerging cities targeted for luxury brand expans…

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