Middle East and Africa Join Luxury Brands Markets - Dr. Florence Eid interview by the Independent


Laura Chesters discusses with Dr. Florence Eid the prospects for Algeria, Libya and Iraq to join China and Brazil as global hot spots for the luxury goods industry.

On the sidelines of the Walpole Luxury Summit: Eastern Growth where she gave a keynote address entitle "Riding Out The Global Slowdown: Resilient purchasing power in Middle East and North Africa", Dr. Eid says “A silver lining, following the violence of the Arab Spring, is that people now have higher expectations than before. We will have a huge growth in the middle classes.”

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