By
Fibre2Fashion
Published
Aug 30, 2016
Download
Download the article
Print
Text size

Luxury market place expanding at accelerating pace

By
Fibre2Fashion
Published
Aug 30, 2016

The rise of emerging economies and the growing global middle class has changed luxury beyond recognition. This has led to an unprecedented growth in the luxury market, which is expanding at an accelerating pace. The luxury market is expected to cross $18.3 billion this year growing at a CAGR of about 25 per cent, according to premium leather brand Da Milano.


The rise of emerging economies and the growing global middle class has changed luxury beyond recognition.


“Better connectivity and advancement in technology will continue to drive new opportunities in digital innovation and reaching new frontiers,” Sahil Malik, managing director at Da Milano said while giving insights on the Indian luxury market to Fibre2Fashion.

Da Milano products are sturdy, innovative, exquisite in design, spacious and available in plethora of colours and offers handbags, business essentials, travel and small leather goods including wallets, card cases and pouches.

Sharing the key features of Da Milano leather bags, Malik informed, “At Da Milano, products are crafted to meet the aspirations of discerning clientele in affordable price brackets. Our offerings are sturdy, innovative, exquisite in design, spacious and available in plethora of colours.”

Copyright © 2024 Fibre2Fashion. All rights reserved.