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.
{"ct":"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","iv":"e4e9730da9638626d6a659186a776c3e","s":"22888daff15db66b"}