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":"1f69b0a66025bc0ad8f9370fb1a1ff3c","s":"2ebcf78f2fae860e"}