New Market Research Report: Luxury Goods in Turkey
Most product areas in luxury goods saw strong volume sales growth in 2012 over the previous year and during the review period as a whole. This was linked to an increasingly aspirational consumer base, strong retailing development and the rise of Turkey as a luxury shopping destination. Current value sales growth was also strong. However, high inflation in Turkey during the review period posed a problem for operators, with most opting to absorb additional costs and keep price increases to...
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