CBRE: Shanghai most luxurious city in 2014


In its report ‘Global Luxury Retail 2015’, CBRE noted that Shanghai is the most luxurious city globally. Some 87% of all luxury brands have a presence there. In 2013, 83% of brands could be found in Shanghai. Some 69% of luxury and business fashion brands are targeting China for expansion in 2015. By this measure, China is seen as the most prospective of the 10 national/ territory markets profiled by CBRE.

Source : CBRE/November 2015/Shanghai/RET