What do we use cookies for?
We use cookies to enable the use of our platform’s paid features and to analyse our traffic. No personal data, including your IP address, is stored and we do not sell data to third parties.
Home to 147,000 high-net-worth individuals (HNWIs), Brazil is the largest luxury market in South America, according to the 2010 World Wealth Report by Capgemini and Merrill Lynch. These affluent consumers are responsible for the $6.7bn (£4.3bn, €5.2bn at current exchange rates) of luxury goods sales in the country each year, says Carlos Ferreirinha, president of local luxury consultancy MCF Consultoria e Conhecimento.
Sign up to one of our subscription packages and get unlimited access to a hive of insights – from microtrends and macrotrends to market reports, daily news, research across eight industry sectors and much more.
Already a member? Click here to log in.