Luxury Industry To Post Double-Digit Growth In 2011: Study
byA new study by Bain & Company has predicted that growth in the luxury goods industry will run into double digits this year. The…
Bain & Company
The Secret Behind the Success of Saks in Luxury Retail
byWhen the going is good every company comes up with good results. But when the economy is faced with a crisis, it is the…
China Overtakes Japan to Become the Second Largest Market for Luxury Goods
byThe luxury goods market is back on track. China, of course was steaming ahead at a fast pace but the 2010 results show that…
Luxury Market Recovers, Generates 172 Billion Euros In 2010
byA survey by Bain & Company indicates that good times are here again for luxury markets. According to the survey, the global luxury market…
A Long Way to go Before Affluent Consumers Regain Confidence to Spend Freely
byLaunched in January 2004, and every three months thereafter, Unity Marketing has measured the pulse of the affluent consumers in a longitudinal survey of…
Chinese Tourists Driving the Sales of Luxury Goods Around the World
byThe Chinese consumer from the mainland has become the focal point for marketers of luxury brands and goods the world over. A recently conducted…
Diageo Might Takeover the Entire Stake of LVMH’s Drinks Business
byFrance’s richest man, Bernard Arnault owns LVMH. The company owns some very famous fashion and luxury brands. It recently bought 14% stakes in Hermes….