The Bain & Company Luxury Study Spring Update was unveiled this week in collaboration with Italy’s Fondazione Altagamma. The tone. China’s stay-at-home shoppers propel luxury sales – Bain consultancy Bain and Italian manufacturers association Altagamma’s report, which. Global consultancy Bain & Co., in collaboration with Italian fashion association Altagamma, released a new report on November 15 that is set to.

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Prada Spring Summer ad campaign. Luxury online The retail channel grew 4 per cent this year, with three-quarters coming from like-for-like sales growth. Europe and the Americas, still the two largest markets, remain flat due to strong currencies, totaling 84 billion euros and 80 billion euros, respectively.

The founding family of Italian jewelry group Casa Damiani said on Friday it would launch a takeover to buy the …. Share 0 Tweet list. The access to the reports is reserved to Altagamma Companies. Miniso Canada on brink of bankruptcy. Bain partner Claudia D’Arpizio says half of those purchases will be made in China, as price differences altabamma countries fade and brands improve the customer experience in China.

Study: Chinese to account for half of luxury sales by :The Asahi Shimbun

Europe will not achieve similar growth rates. It has been hurt by a stronger euro, atagamma has dented purchases by tourists, but some countries have seen stronger consumption Russia, France, Switzerland. Will Hong Kong’s retail rebound continue? The global market of new boats has baain value of 19 billion Euro and Italy is confirmed as the second largest boat producer in the world, after the US, and the first worldwide producer of super yachts. Loro Piana and Balenciaga have different customer bases, while Gucci or Louis Vuitton can be relevant for teenagers or older customers,” she said.


BainFondazione Altagammaluxury goods. Dubai remains stable and supported by international tourists, while Australia aaltagamma set to benefit from a larger store footprint. Wholesale channels grew at only 1 per cent, brought down by high-end department stores still trying to recover, and a slow-down among specialty stores facing tough competition from online.

China factory activity shrinks for first wltagamma in over 2 years, looks tougher. Altagamma is the global landmark for the understanding of the luxury market. Bain said luxury sales this year are forecast to grow 2 percent to billion euros, in figures restated to exclude luxury art, design and decor. Foot Locker Malaysia to launch at 1 Utama.

Altagamma Studies

In the Americas, the US luxury market benefitted from a weaker dollar during the crucial Holiday season. No reproduction or republication without written permission.

The purpose of the Study, conducted by Deloitte and Altagamma for Nautica Italiana, is to analyse the main trends of the global boating recreational market classified by the main vertical sectors and business segments of the industry. They include the existence of baih growing number of young, increasingly fashion-savvy Chinese consumers who are well aware of the price-value equation.


Bain slashes global luxury goods sales forecasts – Inside Retail Asia

Share Share stories you like to your friends. Sign up to receive daily news. Altagamma Studies Altagamma is the global landmark for the understanding of the luxury market. Bangladesh ruling coalition declared winner of disputed vote.

HMV Hong Kong collapses.

By using this site you agree with our privacy and cookie policy. I have read and agree to the Terms and Conditions and Privacy Policy. The fact is that consumers love luxury and just want o buy more product than ever. The US market made up close to half of online sales — 44 per cent— but Asia is emerging as the new growth engine for luxury online, slightly ahead of Europe. Elsewhere in Asia, the picture looks very good, even though that Chinese growth rate puts other countries in the shade. The researchers also said there are four key trends driving sales of personal luxury goods this year.

Every year the Foundation releases eight researches conducted in partnership with some of the most prestigious international partners.