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":"0b467e0426315726fa4f00a5f6326fc6","s":"3f70a37e0291d586"}