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Wednesday, September 23, 2020

C-Suite Advisory

Ranked: The World’s Best Cities For Luxury Shopping, 2020

Milan has been recognized as the best city in the world for luxury shopping, according to the CEOWORLD magazine 2020 report, while Paris and New York City placed second and third, respectively.

The 2020 rankings placed Dubai in fourth ahead of London into fifth; while Hong Kong ranked sixth, and Amsterdam seventh. Overall, among the top 10 best cities in the world for luxury shopping, the eighth, ninth, and tenth positions are held by Los Angeles, Tokyo, and Singapore.

Besides being one of the fashion capitals of the world, Milan is home to the world’s oldest existing shopping mall, the Galleria Vittorio Emanuele, completed in 1877 in Art Nouveau style. The city’s Quadrilatero d’Oro district is loaded with expensive and exclusive shops, with haute couture names like Armani, Versace, Valentino, Salvatore Ferragamo, Prada, Chanel, Louis Vuitton, and Gucci.

Sydney took the No. 11 spot, followed by Vienna (No.12) and Rome (No.13). Meanwhile, Munich ranked No. 14 in the CEOWORLD magazine’s ranking of the best cities in the world for luxury shopping, 2020.

Miami came in fifteenth place, followed by Antwerp (sixteenth), Gothenburg (seventeenth), Porto (eighteenth), and Rotterdam, ranked nineteenth. Out of 40 best cities in the world for luxury shopping, Berlin ranked No. 20th.

From the elegant storefronts of Milan to London’s Dover Street to New York City’s Madison and Fifth avenues, these are some of the most luxurious shopping destinations around the world. Pack light and get ready for the most exciting shopping spree.

The World's Best Cities For Luxury Shopping, 2020

RankCityCountryScore
1MilanItaly78.2
2ParisFrance72
3New York CityUS70.5
4DubaiUnited Arab Emirate70.3
5LondonUK70.1
6Hong KongHong Kong69.9
7AmsterdamNetherlands69.8
8Los AngelesUS69.8
9TokyoJapan69.5
10SingaporeSingapore68.3
11SydneyAustralia68.2
12ViennaAustria66.9
13RomeItaly66.8
14MunichGermany 66.6
15MiamiUS66
16AntwerpBelgium65.8
17GothenburgSweden65.2
18PortoPortugal65
19RotterdamNetherlands64.2
20BerlinGermany64
21BordeauxFrance63.9
22CannesFrance63.4
23BarcelonaSpain62.6
24GenevaSwitzerland 62.4
25HamburgGermany62.2
26MadridSpain62.1
27ZagrebCroatia62.1
28IstanbulTurkey61.3
29BudapestHungary60.7
30LisbonPortugal60.4
31ManchesterUK60
32StockholmSweden60
33CologneGermany59.1
34OsloNorway59.1
35DusseldorfGermany59
36ValenciaSpain58.7
37MalagaSpain58.4
38MontpellierFrance58.4
39FlorenceItaly57.9
40DublinIreland57.3

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Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email alexandra-dimitropoulou@ceoworld.biz. You can follow her on Twitter at @ceoworld.