European economy

Europe’s luxury industries, Europe’s Silicon Valley, continue to deliver strong performance. Report

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#Luxury is not just for rich people, it’s jobs for Europe. If EU luxury sectors, taken collectively, represented a country, they would be the seventh largest economy in the EU. Despite the weak economic conditions Europe’s luxury industries continue to deliver strong performance, according to a new report issued last week by The European Cultural … Read more

Luxury and high-end industries recognised as strategic sectors for European growth and employment

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The European Commission recognizes the strategic importance of the high-end industries Important days for Europe’s luxury sector. The European Commission has adopted “Cultural and Creative Sectors for creative growth in the EU” political action plan. This policy strategy qualifies cultural and creative business models, such as the luxury industry, as strategic sectors for European growth … Read more