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Luxury-Goods Surge Driven by Developing-Nation Shoppers: Chart

Shares in luxury goods companies from Christian Dior SE to Tiffany & Co. are attracting appropriately fancy prices, driven by shoppers in emerging markets with expensive tastes. A Bloomberg index of top-end brands has surged 37 percent this year, more than double the 16 percent increase for the index of global stocks. A recent Deloitte survey found that the number of high-end consumers in China and other emerging markets who said they had increased their spending stood at 70 percent, compared with 53 percent in mature markets such as Europe, the U.S. and Japan.