Burberry and Mulberry face branding challenges in luxury market
As the global luxury goods market experiences a slowdown, two iconic British fashion brands are coping with the pinch in different ways
Search Results for: luxury market
USA remains the largest global luxury market valued at US$78 billion in 2014: study
Luxury sales are expected to grow 19% to reach US$405 billion by 2019,according to Euromonitor International’s new global data on the luxury goods industry. “Luxury sales in China have increased by US$9.6 billion in the last five years and aside from the US, the top luxury market in the world with US$18.6 billion in sales, … Read more
The Luxury Market just got a Revamp!
Fashion Weeks are always an interesting time for designers and shoppers alike. It’s always exciting when a new designer emerges in the fashion industry. What makes it exciting, is seeing their innovation and creativity. An incredible, new designer that has emerged in the industry is Rosalina Nacken (photo below). She has created a luxury leather handbag … Read more
Luxury Market in Brazil – The Brands Speaking Portugese
In the everybody is talking about the growth of the BRICs , the group that consists four countries: Brazil , Russia , India and China who have undergone a great development in the last twelve years. China emerged immediately by its disproportionate amount of people who are potential customers (and real) luxury goods. Brazil, has a … Read more
The key for winning in the luxury market over the next 15 years, is “to get ready for Luxury 2.0″
Luxury revenues grew by 10 percent in 2012 (at current exchange rates), given the strong growth tailwinds present in the first half of last year, according to Bain & Company, the leading advisor to the global luxury goods industry, in the Spring 2013 update to its “Luxury Goods Worldwide Market Study”. All growth estimates for … Read more
Global luxury market forecast: Fundamentals for growth remain strong, but it’s going to be a bumpy ride
Bain Projects Global Luxury Goods Market Will Grow Overall by 10% in 2012, Though Major Structural Shifts in Market Emerge Strong Holiday Sales Will Cap Off Strong Performance in 2012 Worldwide luxury goods market revenues will grow by seven percent in the final three months of 2012 versus the same period in 2011, culminating in full … Read more