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For a long time, the luxury industry has followed a predictable map. Paris supplied the heritage, craftsmanship, and romance; New York the appetite and spending power; and China the promise of the next great wave of growth. The world’s wealthy knew where they wanted to shop, and luxury houses followed suit with where they opened their doors.
According to the Julius Baer Global Wealth and Lifestyle Report 2026, Singapore has retained its position at the top of the ranking for…
