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":"8d933eb53526cb7d04b777265d1f40ee","s":"3418ab2b3c737986"}