In 2017’s “new normal,” luxury brands will have to work a lot harder to sell their pricey goods
BY MARC BAIN
....Exane BNP Paribas echoed the thought in a December research note to clients. “The peak of the largest nationality wave ever to benefit luxury goods is behind us,” the authors wrote. “Brands need a new paradigm, other than opening more stores in China and bumping up prices.”....
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BY MARC BAIN
....Exane BNP Paribas echoed the thought in a December research note to clients. “The peak of the largest nationality wave ever to benefit luxury goods is behind us,” the authors wrote. “Brands need a new paradigm, other than opening more stores in China and bumping up prices.”....
READ THE FULL ARTICLE BELOW