Insight
Global Legal Guide for Luxury & Fashion
Comprehensive guide to opportunities and challenges facing the USD254 billion luxury and fashion industries
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The luxury goods and fashion industry has rapidly expanded in recent years, driven by rising worldwide consumption, growing middle classes in emerging markets, and major strides in online retail sales and marketing. These developments have also brought new challenges for the industry as companies face more stringent regulations as well as complex tax and corporate issues as they expand into new markets. As luxury good and fashion companies gather large amounts of customer information, data protection and privacy have also become major concerns.