Chinese consumers help luxury market to rebound
30/10/2017
A report from specialist consultancy firm Bain & Company has predicted that the personal luxury goods market will grow 6% in 2017 to €262 billion. Earlier this year, it forecast that sales of luxury goods such as handbags, shoes and jewellery would grow between 2% and 4% after stalling in 2016. This has now been revised upward thanks to strong...