Luxury Goods Sales to Grow By No More than 2 Percent in 2016 via Bain & Co released its spring update on the global luxury market. Sales will grow by...
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PARIS — Counterfeited and pirated goods accounted for up to 2.5 percent of world trade, or as much as $461 billion, significantly damaging companies and state funds, said the Organisation for Economic...
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MILAN — Italian fashion house Prada S.p.A. will offset new shop openings with selective retail store closures this and next year in an effort to protect profit margins from weaker demand....