Which fashion brands will win over global middle class?

01/21/2013 | Reuters

The global middle class, defined as people who spend between $10 and $100 per day, is emerging more rapidly in developing nations, which are expected to be home to four-fifths of the group by 2030. Most won't have budgets that stretch to luxury brands, instead favoring mid-priced and fast-fashion labels such as Zara and Next, according to consultancy Roland Berger.

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