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The luxury market is expanding in the cities with a strong tourist calling

Posted: 12 June 2018

In 2017 the luxury segment registered about 350 new openings, mainly focused in the European and Asian territories.

According to a research by Savills, in the world ranking on domestic purchases in the Luxury segment Italy places third, with a 17 billion Euros revenue, moreover it is the first market as a producer of such goods.

From the high street point of view, the most attractive cities are still Milan and Rome, but also cities like Florence and Venice are more and more getting importance, that are all cities that register a heavy passage of foreign tourists.