Iran'S Luxury Consumption Accounts For 3% Of The World'S Total And Will Become A New Rising Market.

It is understood that Iran is to the West.

The demand has increased significantly. Currently, the Western shopping center is being built. It will become a good luxury retail space. Iran will become a new luxury market.

On the page of social media Instagram "rich children in Tehran, Iran", we can see more pictures of luxury and bikini than pictures of black cloaks.

This means that the rich class of the Islamic Republic is no different from the rich class of the western countries. They are all keen on luxury goods and are afraid to miss them.

The attributes of new products launched in the latest season.

According to data from the Central Bank of Iran, nearly $33 billion of the frozen assets were released after being returned to Iran.

Iran is the second largest economy after Saudi Arabia and the Middle East. According to private equity fund Renaissance Capital, Iran's economic growth will reach 6% next year when oil price reaches $50 a barrel.

Iran's demand for Western luxury goods has increased significantly. According to global blue data, by March 2016, consumers in Turkey and Iran were second only to Saudi Arabian consumers, but most of the luxuries sold in Iran were not officially authorized to sell.

3/4 of Iran citizens are able to buy luxury goods, and Iran consumers have 56% higher demand for luxuries than Chinese consumers.

According to Exane analysts, luxury goods sales in Iran totaled $1 trillion last year, and Iran's luxury consumption accounts for 3% of global luxury consumption.

Unlike western countries, there are no luxury shopping centers like Fifth Avenue in Bond Street or Fifth Avenue in Iran, but now there are Western shopping centers under construction, which will be very good.

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At the same time, the consumption power of the middle class needs to be improved and financial problems remain. The financial group of the United States has prevented substantive pactions with Iran. Therefore, Iran's omni-directional financial services need to be developed.

In addition, there are risks in politics. Iran's top leader, Ayatollah Ali Khamenei, has expressly disagreed with Iran's large import to western countries.

This month, the Italy national textile and Fashion Association announced a trade agreement with Iran's president, which will help Italy's products export to Iran and reduce export risks.