Et pendant ce temps (de sang et de larmes),
How big is the Lebanese luxury market ?
▻http://www.executive-magazine.com/special-report/how-big-is-the-lebanese-luxury-market/1473
... consulting firm Bain & Co estimates the regional luxury goods markets [is] worth 6.3 billion euros ($8.37 billion), or 3 percent of the global market for luxury goods.
According to Bain, over 40 percent of the 6.3 billion euros are generated in the United Arab Emirates alone, which together with Saudi Arabia, Kuwait, Qatar and Bahrain account for over 90 percent of the MENA region’s spending on luxury goods. This assumption leaves a very humble pie for vendors of luxury goods in other MENA countries including Lebanon, (...)
One result of Bain research will be of interest to retail organizations in the region: upscale shopping malls have been a smashing success for marketing luxury goods in the Middle East. Dubai Mall is a particularly big magnet for big spenders, accounting for about half the luxury market in Dubai which in turn represents 30 percent, or about 2 billion euros, of the regional market by Bain’s reckoning. That means that Dubai Mall achieved luxury turnover of 1 billion euros ($1.32 billion) in 2012.
Thirty-eight percent of Middle Eastern survey respondents — nota bene all from the GCC as per the report’s maps — identified inheritance as the source of their wealth, the highest rate in the world.