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Financial services

Luxury groups outpacing independent brands in stock growth

May 9, 2019

Safilo experienced the greatest jump in stock prices. Image credit: Jimmy Choo

 

By Sarah Ramirez

A boost in spending in mainland China was a significant contributor in increased sales for several luxury brands last month, with the industry as a whole experiencing double-digit sales growth.

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  1. David Yurman selects finalists for inaugural $50K design grant
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  5. Qatar Airways, Art Basel kick off partnership in Doha
  6. Italy’s Pratesi seeks return to old splendor as linens purveyor to the affluent
  7. Four Seasons curates multi-property experiences in Bali, Spain and Mexico
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  9. Champagne Telmont earns Regenerative Organic certification
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