I drive significant profitable growth for world-class brands as the Managing Director @ Deloitte Digital.
European & Other Luxury Retailers Splurge on American Real Estate - WSJ Luxury retailers have leased 650,000 sq. ft. of new space in the U.S. over the past 12 mos, up from roughly 250,000 sq. ft. the prior year, according to JLL. Key Take-A-Ways: 1. Retail sales of luxury goods in the U.S. are expected to total $75.68 B this year, according to market-research firm Statista - a nearly 9% increase from last year’s $69.51 billion. 2. To accommodate their growing assortments, Luxury Retailers have been signing leases for space averaging 5,000 sq. ft. or larger over the past year, according to JLL, a 28% increase from the previous 12 months. 3. As shoppers continue to migrate to warmer, southern, US cities, Luxury retailers are following. #Retail #luxuryretail #Deloitte #Deloittedigital #digitaltransformation https://lnkd.in/eDKXcv3T
