The Luxury Retailing industry has gone from strength to strength over the past five years. While much of the global retailing scene has suffered due to instability in financial markets, Australian luxury retailers have been relatively insulated, as growing discretionary incomes have fuelled consumers' passion for fashion. Australia's taste for fashion and luxuries has prompted industry players to scour the world for the right fusion of fashion and luxury to cater for consumers' changing needs. Back home, high-profile Australian designers and labels have grown in prominence across the retail scene.
The industry consists of bricks-and-mortar retailers who primarily sell international luxury fashion items such as clothing, footwear and accessories. The industry excludes department stores that retail luxury products.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.