Added 10 October, 2013
The state of the tourism industry worldwide is uneven. Some sectors and destinations are doing well while others are struggling. The economy is solid in many part of Asia and less so in parts of Europe and the US. But the luxury sector is booming, and brands across the industrial spectrum are getting in on the trend. Burberry, the British luxury fashion brand has come out with a new menswear line of "Travel Tailoring" that blends lightweight construction with wool "memory fabric" that doesn't need much ironing. In London, the famous department store Harrod's has expanded its travel selection to include dozens of high-end luggage brands. In France, Louis Vuitton is focusing on luggage in a new Parisian pop-up shop. And regular readers will know that fashion brands Armani, Bulgari and Versace have all lent their names to new luxury hotels. Travel is often cited by high net worth consumers as one of the most valued parts of their lives. That trend is just getting more so.