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Bvlgari, Cartier, Chanel, Chic, Ermenegildo Zegna, Fashion, Fashion Blogs, fashion designers, Gucci, Hermès, HUGO BOSS, Indonesia, Jakarta, Lifestyle, Louis Vuitton, Luxury, Montblanc, Style, Trans Fashion Indonesia
Hugo Boss store at Pacific Place, Jakarta
With a population of 237 million (2010) which is expected to reach over 250 million by 2020, Indonesia is not only South East Asia’s largest countries but also one of the fastest growing economies in the world, with an annual growth rate exceeding 5% in seven of the past eight years, thanks largely to its increasingly affluent middle class. Unlike many of its neighbors, Indonesia doesn’t depend on exports to Europe and the U.S. for growth, so slowdowns in those countries have had only a limited impact on its expansion.
