Retail rents on Rodeo Drive surged by 19% in 2024, outpacing rent growth for other high-end shopping districts in the U.S., which averaged 11% in a year over year comparison.
The global luxury goods market was valued at approximately USD 331.6 billion in 2022 and is projected to grow at a healthy CAGR of more than 4.62% during the forecast period from 2023 to 2030. Luxury ...