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Research

European luxury sector, at $880B in annual revenue, represents 4pc of EU’s GDP

February 4, 2020

As British as they come: Bentley Motors' Continental GT V8 convertible. Image credit: Bentley Motors As British as they come: Bentley Motors' Continental GT V8 convertible. Image credit: Bentley Motors

 

By Dianna Dilworth

The luxury business contributes $880 billion in annual revenue to the European economy, making up 4 percent of European GDP, according to a new report from the European Cultural and Creative Industries Alliance (ECCIA) in association with Bain & Company.

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  1. Dior confirms Jonathan Anderson as sole creative director
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