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Feb. 19, 2020
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Research

European luxury sector, at $880B in annual revenue, represents 4pc of EU’s GDP

February 4, 2020

As British as they come: Bentley Motors' Continental GT V8 convertible. Image credit: Bentley Motors As British as they come: Bentley Motors' Continental GT V8 convertible. Image credit: Bentley Motors

 

By Dianna Dilworth

The luxury business contributes $880 billion in annual revenue to the European economy, making up 4 percent of European GDP, according to a new report from the European Cultural and Creative Industries Alliance (ECCIA) in association with Bain & Company.

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  1. Day's wrap: Jaguar Land Rover, Walpole, Redrice Ventures, Ferragamo and Prada
  2. Register now: Women in Luxury conference New York April 15
  3. Best speaker lineup ever for Women in Luxury conference New York April 15
  4. Prada, extending campaign to book, asks consumers to create own acronym with brand name
  5. Ferragamo taps creative style icons for new Viva shoe campaign
  6. Four Seasons shaping focus as travelers seek purpose through authentic experiences
  7. Jaguar Land Rover’s Project Vector vehicle is nod to future of urban mobility
  8. Digital marketing budgets to gain priority as CMOs fear economic slowdown
  9. Anya Hindmarch’s “I Am A Plastic Bag” makes the ultimate statement: Sold out
  10. Fendi taps British photographer Nick Knight for women’s spring/summer 2020 ad campaign
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