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Commerce

Global debt, political activity to drastically affect luxury spending: Amex summit

May 8, 2012

 

By Rachel Lamb

PALM BEACH, FL – Conflicts between countries, debt crises and upcoming elections could seriously deter consumers from traveling overseas and spending on luxury goods, according to a speaker at American Express Publishing’s Luxury Summit 2012.

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  1. Dom Pérignon unveils ‘Creation is an Eternal Journey’ campaign
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  3. Richemont closes fiscal year with 4pc sales increase
  4. Armani Beauty rolls out retail location in Philippines
  5. Air France reinvents beachfront pop-up at Cannes Film Festival
  6. Luxury Unfiltered: How Gen Z is turning the Birkin into Wall Street’s hottest commodity
  7. Wheels Up announces partnership with United Autosports
  8. JLR reports flattened annual revenues, high profits
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