The Impact of the Brazilian Economic Crisis in the Luxury Market

The economic crisis in Brazil directly effected the luxury industry in Brazil making even the most resilient consumers become more conservative with their purchases. As a result, the luxury industry had its weakest growth performance of the last 10 years. In the same period, many international brands that have entered the market recently shut down their stores and have left the country.  Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.