BRAZIL’S LUXURY CLOTHING MARKET STARTS TO DEVELOP TASTE FOR LOCAL PRODUCTION
March 1st, 2011
BY PACIFICA GODDARD
BEING beautiful is a full-time occupation for many Brazilians, and clothing retail necessarily benefits from their dedication - as their country grows wealthier, its luxury clothing market can only grow.
In 2010, AT Kearney rated Brazil as the number one developing apparel market in the world, due to rising incomes and a youthful population (60% under the age of 30), unusually fascinated with fashion.
"There is no doubt that the consumption of luxury clothes in the country has grown," said Camila Toledo, Brazil based Latin America ...
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