Tag
luxury market
Stories tagged luxury market.
Global Luxury Market on Track to Reach $700 Billion by 2030
The global luxury market is projected to hit $700 billion by 2030, driven primarily by growth in the United States and China, according to a new survey-based report.
Ralph Lauren Reports 50% Sales Surge in China as Value Strategy Pays Off
Ralph Lauren posted a 50% sales increase in China last quarter, outperforming a subdued luxury market, driven by a multi-year brand overhaul and a shift in consumer preference toward value-oriented labels.