Luxury market growth to reach low point in 2016: Bain

April 6, 2016 By creative

By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is an authoritative and traditionally closely watched barometer of trends because of its extensive coverage of the sector, forecast luxury sales growth this year of around 1 percent at constant exchange rates, against 1.5 percent in 2015. Bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures to show its latest thinking on the outlook.

Go here to read the rest: 
Luxury market growth to reach low point in 2016: Bain

Filed Under: Latest News Tagged With: been-dominated, bespoke-tailoring, first-female, forecast-luxury, france, kathryn-sargent, latest-thinking, london, outlook, photo-shows, saville, shop-at-saville, trends-because

Luxury market growth to reach low point in 2016: Bain

April 6, 2016 By creative

By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is an authoritative and traditionally closely watched barometer of trends because of its extensive coverage of the sector, forecast luxury sales growth this year of around 1 percent at constant exchange rates, against 1.5 percent in 2015. Bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures to show its latest thinking on the outlook.

More here:
Luxury market growth to reach low point in 2016: Bain

Filed Under: Latest News Tagged With: closely-watched, first-female, forecast-luxury, galeries, goods-market, latest-thinking, london, outlook, photo-shows, saville, trends-because

Luxury market growth to reach low point in 2016: Bain

April 6, 2016 By admin

By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is an authoritative and traditionally closely watched barometer of trends because of its extensive coverage of the sector, forecast luxury sales growth this year of around 1 percent at constant exchange rates, against 1.5 percent in 2015. Bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures to show its latest thinking on the outlook.

More here:
Luxury market growth to reach low point in 2016: Bain

Filed Under: Latest News Tagged With: china, customers-visit, forecast-luxury, france, london, luxury, master-tailor, sargent, shop-at-saville, trends-because, united-states

Luxury market growth to reach low point in 2016: Bain

April 6, 2016 By creative

By Astrid Wendlandt and Pascale Denis VERSAILLES, France (Reuters) – Growth in the more than 250 billion euro ($285 billion) personal luxury goods market should pick up next year, boosted by resurgent demand in the United States and China, after hitting a trough in 2016, consultancy Bain & Co predicted. Bain, whose industry outlook is an authoritative and traditionally closely watched barometer of trends because of its extensive coverage of the sector, forecast luxury sales growth this year of around 1 percent at constant exchange rates, against 1.5 percent in 2015. Bain is due to release in a few weeks its updated study and forecasts for the luxury goods market, which includes accessories, clothing, jewelry and watches, and has not yet published any figures to show its latest thinking on the outlook.

Read the rest here: 
Luxury market growth to reach low point in 2016: Bain

Filed Under: Latest News Tagged With: been-dominated, bespoke, closely-watched, customers-visit, france, luxury, outlook, paris, pascale-denis, sargent, shop-at-saville, trends-because, united

Balmain opens first US flagship

April 6, 2016 By admin

Balmain is opening a New York flagship store — its first in the US, confirming the luxury Parisian fashion house's growing popularity stateside.

Original post:
Balmain opens first US flagship

Filed Under: Latest News Tagged With: customers-visit, flagship-store, forecast-luxury, france, growing-popularity, its-first, luxury, master-tailor, nyc, parisian, sargent, trends-because, united-states

Balmain opens first US flagship

April 6, 2016 By publisher

Balmain is opening a New York flagship store — its first in the US, confirming the luxury Parisian fashion house's growing popularity stateside.

Read the rest here: 
Balmain opens first US flagship

Filed Under: Latest News Tagged With: closely-watched, customers-visit, france, growing-popularity, luxury, nyc, opens-its, paris, sargent, trends-because, united

Gucci to unify men’s and women’s collections from 2017

April 5, 2016 By publisher

Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not specify when the show will be scheduled, but a source close to Gucci told Reuters it was likely to be during the women's Fashion Week, the one receiving most attention from both media and buyers.  The decision comes amid a growing debate in the fashion industry over the need to combine collections, condense dates for shows as well as putting items on sale immediately after the catwalk presentations.. The Florence-based brand, part of the Kering group, is following in the steps of Britain's Burberry group, which said last November that it would bring its collections under a single brand.

Read the original here:
Gucci to unify men’s and women’s collections from 2017

Filed Under: Latest News Tagged With: britain, customers-visit, flagship-store, items-on-sale, its-collections, its-first, luxury, nyc, over-the-need, parisian, sargent, shows-as-well, trends-because, women

Selfridges launches ‘The Body Studio’

April 5, 2016 By publisher

The holistic concept features state-of-the-art private changing rooms with three-way “total vision” mirrors and a new “zero-tape” fitting service that sees expert consultants assess a woman's body measurements by eye only. The space also includes a ‘knicker bar' where customers can pick and mix their underwear, which is forecast to retail 33,000 pairs of knickers in the first year.

Original post: 
Selfridges launches ‘The Body Studio’

Filed Under: Latest News Tagged With: fitting-service, knicker-bar, london, nyc, over-the-need, sargent, studio-selfridges, total-vision, trends-because, underwear, women