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Luxury Buyers In Eastern Europe

Luxury Buyers In Eastern Europe

By Piers Fawkes on December 7, 2004

15 years ago there was little understanding about brands in markets like the Czech Republic but local consumers have pursued a steep learning curve since 1990. As they started to see and wear some of these styles (that were so so different from their past experiences) they started to look at the quality. Now, the wealthier folk are becoming more aware of luxury brands, educated through the travel and access to more information.

The Prague Tribune provides an insight into the rise of luxury sales in the region whilst profiling several luxury retailers serving a growing domestic market from Prague.

Prague Tribune Article

Piers Fawkes

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Piers Fawkes is the founder and editor-in-chief of PSFK, a daily news site that acts as the go-to source of new ideas and inspiration.

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TOPICS: Luxury, Retail
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