As dramatic repercussions from the financial crisis are impacting the real economy, it has become clear that the luxury sector is not immune to the downturn. Judging by trading updates for Q4 2008 and Q1 2009 demand for certain segments of the luxury goods sector (watches especially) has declined. Global Luxury Retailing 2009 is a new report published by Verdict Research that provides unique data on the value of consumer expenditure on luxury products globally 2003-08 by region and by four product sectors. This report also includes a comprehensive strategic section advising luxury retailers how to negotiate the downturn, a new series of mini profiles of relevant players in the sector and a detailed analysis of regional sales trends.
Published: June 2009 - Global. |
