RIO DE JANEIRO — Brazilians are getting richer and will continue to drive growth in the luxury market, boosting sales of everything from Louis Vuitton’s Speedy bags to...
December 28, 2011
Brazilians Drive Growth in Luxury Market
At least 30 new brands are expected to set up shop in Brazil in 2012, and investment will be at least 25 percent higher than the $2.6 billion invested in 2011.
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