Mr Solca says the 60% price differences Zara maintains between some countries are unsustainable-but 30% May be quite possible.

Solca先生称Zara在不同国家间所所维持的60%的差价似乎难以为继——但是30%则很有可能。

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Excluding tourist flows, luxury expenditure in emerging markets may rise to 40 percent of the total from 23 percent in the same period, Solca estimates.

在旅游消费中，奢侈品开支在新兴市场将从23%同比升到40%。

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Even haute couture, says Luca Solca, an analyst at Bernstein Research, is not immune to the downward pressure on prices exerted by high-street brands such as Zara.

伯恩斯坦研究所的研究员卢卡·索尔卡表示，即使是高级成衣，面对如zara这样平民品牌的价格下调压力也不免疫(也受如zara这样大众品牌产品价格下调的压力影响)。

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Emerging market consumers may account for 60 percent of global luxury goods sales in 2020, up from 40 percent in 2009, according to Luca Solca, an analyst at Sanford C. Bernstein.

根据Luca Solca (Sanford C.B ernstein的一名分析师)的研究，在2020年新兴市场中消费品市场将占到60%，2009年为40%。

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Emerging market consumers may account for 60 percent of global luxury goods sales in 2020, up from 40 percent in 2009, according to Luca Solca, an analyst at Sanford C. Bernstein.

根据Luca Solca (Sanford C.B ernstein的一名分析师)的研究，在2020年新兴市场中消费品市场将占到60%，2009年为40%。

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