Luxury Shopping Districts
Another phenomenon of the luxury market are "Luxury Shopping Avenues". Certain thoroughfares like Leeds' Victoria Quarter, Milan's Via Monte Napoleone, Rome's Via Condotti, Tokyo's Ginza, Moscow's Tverskaya Street, New York's Madison Avenue and Fifth Avenue, Chicago's Michigan Avenue, Beverly Hills' Rodeo Drive, Paris' Champs-Élysées, Avenue Montaigne and Rue du Faubourg Saint-Honoré, London's Bond Street and Sloane Street, Mexico City's Avenida Presidente Masaryk, São Paulo's Rua Oscar Freire, Prague's Pařížská street, Toronto's Bloor St., Düsseldorf's Königsallee, Singapore's Orchard Road and Frankfurt's Freßgass area are some places where most luxury brands tend to be concentrated. These retail districts concentrate luxury good stores that are managed by large corporations, while conventional and independent retailers are pushed out because of increasing rent and real estate prices.
Read more about this topic: Luxury Brands
Famous quotes containing the words luxury, shopping and/or districts:
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (1844–1900)
“The most important fact about our shopping malls, as distinct from the ordinary shopping centers where we go for our groceries, is that we do not need most of what they sell, not even for our pleasure or entertainment, not really even for a sensation of luxury. Little in them is essential to our survival, our work, or our play, and the same is true of the boutiques that multiply on our streets.”
—Henry Fairlie (1924–1990)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)