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Luxury news in Australia
An overview of news, trends and research in the Luxury industry in Australia:
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Cross-border PwC team helps Italians acquire Zimmermann
Australian luxury brand Zimmermann has been acquired by Style Capital, an Italian private equity group. The deal was advised on by consultants from PwC’s M&A arms in Australia and Italy.
15 December 2020
Majority of Australians to go basic and cut luxury spend
More than 60% of Australian consumers plan to cut luxury spending in the post Covid-19 economy, shifting their focus to essential spending instead.
10 May 2020
Australia a leading destination for migrant millionaires
Australia has openly welcomed twelve thousand special category migrants in 2018 – those who are classed as millionaires.
29 May 2019
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