Paris—The view isn’t only better from the top, business is too. At least that’s the take home from Hermès International SCA … [Read more...]
Bain & Co.
It’s Official: Chinese Consumers Biggest Buyers of Luxurygoods
Boston—Even with the slowdown in their home economy, Chinese consumers surpassed U.S. consumers to become the biggest buyers of … [Read more...]
LVMH Reports a 22% Increase So Far This Year Amid Concerns of a Luxury Slowdown
Paris—LVMH, the world’s largest luxurygoods conglomerate, reported Monday that sales for the first nine months of the year … [Read more...]
LVMH’s Q3 18% Sales Increase Adds Optimistic Outlook for Luxurygoods Sales
Paris—If there’s a company that’s rightfully bullish on luxurygoods sales, it’s LVMH, which today reported 18% increase in … [Read more...]
Bain: Luxurygoods Sales to Rise 10% This Year
Milan—Despite what you’ve been hearing about “economic uncertainty” these days, luxurygoods are expected to post a 10% … [Read more...]
Luxury Forecast: A Drought Ahead?
New York—While some luxury brands have been trumpeting a rebound in the luxury market, one leading expert says it may still be … [Read more...]
Bain: Luxurygoods Sales Recover This Year, Slow Down in 2011
Milan--The United States and Asia have been behind an unexpectedly strong recovery in luxury spending this year but sales are … [Read more...]
