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":"1c3df4c223adb6104fe9f6b82a22eae7","s":"083aa64b885d116f"}