The ECCIA, that odd-acronym’d unified lobbying association for the luxury groups of Europe, just released a new survey about the perception of luxury in Europe, and guess what? Despite Francois Hollande’s tax-the-rich scheme, and other austerity measures, it’s a lot better than you think! In fact, 75% of people surveyed LOVE luxury. To understand why that number is a big deal, know this: it has tripled in three years. Why?
© The Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.