An Advanced English Course in Communication Practice. Part I

Emerging economies weigh on luxury goods.

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1. Why has New Bond Street turned into a Mecca for luxury lovers?

2. Which blows has the luxury goods market experienced after several years of prosperity?

3. Which factors point out to the slowdown in this sector of the market?

4. What are the forecasts for the global luxury groups for the second half of the year?

5. What is one of the concerns for luxury retailers?

6. Which trends in emerging economies has Christine Lagarde, the managing director of the IMF, highlighted?

7. What other factors add to the retailers’ concerns? How?

8. Which peculiar features of China’s consumer market has Rahul Sharma, the retail analyst of Neev Capital, focused upon?

9. Which challenges do luxury brands face? Why?