While the ‘old’ Europe is recovering from the last financial crisis at a snail’s pace, consumption levels and GDP in the ASEAN zone are soaring. The number of affluent people is also going up, and so is so-called ‘conspicuous consumption’. As a matter of fact, when it comes to high-end and luxury commodities, Italy is one of the leading countries. So how are Italian luxury producers positioned in the race for the conquest of the ASEAN market?
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