CBRE: Los Angeles 20th most luxurious city in 2014
In its report ‘Global Luxury Retail 2015’, CBRE noted that Los Angeles is the equal 20th most luxurious city globally. Some 63% of all luxury brands have a presence there. In 2013, 63% of brands could be found in Los Angeles. Some 23% of luxury and business fashion brands are targeting the US for expansion in 2015. By this measure, the US is seen as the equal eighth most prospective of the 10 national/ territory markets profiled by CBRE.
Source : CBRE/November 2015/Los Angeles/RET