The European luxury sector – a model for sustainable growth. Study

European Commission Vice-President Antonio Tajani announces a political action plan to ensure the competitiveness of  the sector   The European luxury sector is a key driver for European jobs and competitiveness revealed a study by Frontier Economics. The study was commissioned by European Cultural and Creative Industries Alliance (ECCIA), the European Cultural and Creative Industries Alliance, composed of … Read more

European Commission to support the European luxury fashion industry

European Commission to promote luxury goods European luxury sector – “a key driver of sustainable growth” The European Cultural and Creative Industries Alliance (ECCIA) has welcomed a proposal by the European Commission to support the European luxury fashion industry. The European Cultural and Creative Industries Alliance is composed of the five major European luxury goods … Read more

German Luxury sector establishes its own special interest group – Meisterkreis

Meissen head Kurtzke voted first president of the MEISTERKREIS France has Comité Colbert, the British have Walpole, Italians have Fondazione Altagamma and the Spanish – Circulo Fortuny.  From 21 of October Germany has its own special interest luxury group called Meisterkreis. More than 40 German and international luxury brands formally established the ‘MEISTERKREIS – Deutsches … Read more

Despite economic uncertainty, luxury is experiencing a sort of ‘anti-crisis

Worldwide luxury goods market poised to surge 10 percent in 2011 as growth in China and mature markets increases, according to newly-released 10th edition of Bain & Company’s luxury goods worldwide market study. Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in … Read more