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No 10 Osaka
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Commutors walk past at shopping area at Osaka Station, Japan, on Feb 6, 2013. [Photo / VCG] |
The four Chinese cities, along with Tokyo and Osaka in Japan, and city-state Singapore, made the Asia-Pacific region the most appealing place for luxury retailers to reach out to increasingly affluent consumers.
The consultancy expects a surge in the number of high-income families across Asia over the next 15 years, a trend that will put the region at the heart of global luxury consumption.
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