FLORENCE, Italy - Hard luxury goods comprise 22 percent of the global market share of luxury and are growing at a faster pace than other sectors, according to the CEO of Kering’s luxury watches and jewelry division.
Although a strong sector in the luxury market, hard luxury, consisting of jewelry and watches, has faced recent hurdles that other sectors have not seen. During the “Hard Luxury or Soft Luxury” session at Conde Nast International Luxury Conference April 22, Kering’s Albert Bensoussan spoke of the major challenges currently affecting the hard luxury sector and how these issues can led to opportunities.
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","iv":"617ae75bb5623362aec4cc2aa3c3dee0","s":"0b2f8260d00dacdf"}