Luxury Shopping Districts
Another phenomenon of the luxury market are "Luxury Shopping Avenues". Certain thoroughfares like Leeds' Victoria Quarter, Milan's Via Monte Napoleone, Rome's Via Condotti, Tokyo's Ginza, Moscow's Tverskaya Street, New York's Madison Avenue and Fifth Avenue, Chicago's Michigan Avenue, Beverly Hills' Rodeo Drive, Paris' Champs-Élysées, Avenue Montaigne and Rue du Faubourg Saint-Honoré, London's Bond Street and Sloane Street, Mexico City's Avenida Presidente Masaryk, São Paulo's Rua Oscar Freire, Prague's Pařížská street, Toronto's Bloor St., Düsseldorf's Königsallee, Singapore's Orchard Road and Frankfurt's Freßgass area are some places where most luxury brands tend to be concentrated. These retail districts concentrate luxury good stores that are managed by large corporations, while conventional and independent retailers are pushed out because of increasing rent and real estate prices.
Read more about this topic: Luxury Brands
Famous quotes containing the words luxury, shopping and/or districts:
“But how do the poor minority fare? Perhaps it will be found that just in proportion as some have been placed in outward circumstances above the savage, others have been degraded below him. The luxury of one class is counterbalanced by the indigence of another. On the one side is the palace, on the other are the almshouse and “silent poor.””
—Henry David Thoreau (1817–1862)
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—For the State of California, U.S. public relief program (1935-1943)
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—Jane Jacobs (b. 1916)