FLORENCE, Italy - Hard luxury goods comprise 22 percent of the global market share of luxury and are growing at a faster pace than other sectors, according to the CEO of Kering’s luxury watches and jewelry division.
Although a strong sector in the luxury market, hard luxury, consisting of jewelry and watches, has faced recent hurdles that other sectors have not seen. During the “Hard Luxury or Soft Luxury” session at Conde Nast International Luxury Conference April 22, Kering’s Albert Bensoussan spoke of the major challenges currently affecting the hard luxury sector and how these issues can led to opportunities.
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","iv":"02880112dc1318246b62fbf8ba5ed547","s":"a240e02a6f771eb7"}