The luxury brand industry consists of some of the biggest names in various industries. The following logos represent the quality and taste that goes along with higher society. However this industry was officially took over by China as the world’s biggest consumer in 2012. Investors from both Asia and the Middle East have take the European luxury brand industry, intensifying the acquisition of suppliers. Only time can tell where the industry moves towards next.
Luxury brands have struggled with independently entering local markets as foreign customs, taxes, and duties may it difficult for some countries to receive stock. Instead these popular brands have focused on hard luxury categories such as branded jewelry and timepieces.
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