MAJOR TRENDS IN THE GLOBAL LUXURY MARKET: THE CAUSES AND FACTORS
This article discusses the dynamics of the volume and pace of the global market of personal luxury 2000s, and analyzes the key trends in different aspects and, above all, in the context of the luxury market in various countries and regions. Special attention is paid to the analysis of the contribution of the BRIC countries in the current and future market development. Among the factors in the development of the market stand out as the objective material factors such as income growth and the number of millionaires and intangible, which change the attitude to the consumption of luxury goods, leading to new types of consumer segmentation and create a new model purchases.