Effect of Covid-19 on Luxury Brands
Just like pretty much everything, sales of luxury goods were also affected by Covid-19. However, due to the recent
Posts Tagged 'Luxury sales'
The world’s leading luxury products group saw its revenue decline by 17%. What is the recipe for good resilience
LVMH enters 2021 with cautious confidence and sets an objective of reinforcing its global leadership position in luxury goods.
Burberry attacks move to scrap tax-free shopping on eve of Brexit
Brand says move to install 20% VAT will encourage 1.2m visitors to shop in Europe instead
Alibaba and Richemont invest in Farfetch China
“The growth potential of luxury e-commerce has never been so promising, and the importance of China for
‘What’s the point?’: Paris fashion faces up to life after lockdown
Socially distanced shopping proves a hard sell in the French capital with few places open to show off
Burberry cancels dividend after sales plunge 27%
Luxury brand axes payment to shareholders worth about £120m amid Covid-19 crisis