Bright prospects for global luxury sales
May30

Bright prospects for global luxury sales

World sales of personal luxury goods are set to grow by a stronger- than-expected 2-4 percent, with Europe championing this global growth, a study by consultancy group Bain & Co showed. Nathalie Kantaris Diaz reports. After a slump due to terror fears in Europe, global sales of luxury goods are on the up. They’re expected to rise 2-4 percent this year, according to Bain consultancy. That’s thanks to Europe, where sales...

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