Tag: personal-luxury
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Luxury market growth to reach low point in 2016: Bain
By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is…
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Balmain opens first US flagship
Balmain is opening a New York flagship store — its first in the US, confirming the luxury Parisian fashion house's growing popularity stateside.