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Luxury looks to different markets
Japan and the US are the new luxury destinations, says Will Hutchings of Goldman Sachs.
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Japan, in particular, is recovering from its economic woes and looks set to become a beacon for luxury companies looking for new destinations, the Luxury Law Summit delegates heard. Whilst China is still a major market, Goldman Sachs is predicting new heights for the US and Japan. Mr Hutchings also predicted a new era for luxury pricing.
