Heard on the Street: Sales of luxury brands are growing much faster in airports than in downtown boutiques
Few people would choose to spend more time in airports. The bosses of luxury brands are the rare exception.
The world’s top fashion labels opened 33 new airport stores between 2016 and 2018, data from property broker Savills shows, even as they have slowed their store expansions elsewhere. More are coming this year: Christian Dior, Gucci, Hermès, Louis Vuitton and Prada are among 13 international brands that have signed up for space in Istanbul’s new airport.
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