The Bain luxury goods “worldwide markets study” spring update is out and – wow, things are looking good. Market growth for 2010 was 12% — 2% more than the most optimistic predictions! But wait: don’t be fooled into thinking all you have to do is ride the coming gold-plated wave.
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Vanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.