CBRE: New York City seventh most luxurious city in 2014


In its report ‘Global Luxury Retail 2015’, CBRE noted that New York City is the equal seventh most luxurious city globally. Some 73% of all luxury brands have a presence there. In 2013, 73% of brands could be found in New York City. 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/New York City/RET