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